Question: please show solution with formulas not excel Question 20 1 pts [Study guide - final exam] A firm practices a pure chase strategy. Production last

please show solution with formulas not excel

Question 20 1 pts [Study guide - final exam] A firm practices a pure chase strategy. Production last quarter was 1000. Demand over the next four quarters is estimated to be 900, 700, 1000, and 1000. Hiring cost is $20 per unit, and layoff cost is $5 per unit. Over the next year, what will be the sum of hiring and layoff costs? O $500 O $2.500 O $7,000 O $7.500 O $12,500

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