Question: Problem One: The fixed cost for a company is 1200 OMR and the variable cost is 2 OMR per unit. If demand function is given

Problem One: The fixed cost for a company is 1200 OMR and the variable cost is 2 OMR per unit. If demand function is given by = 100 I. Determine the quantity that the company must sell to cover the fixed costs.

II. Find the breakeven point.

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