It costs a record company $9,000 to prepare a record album for production. This includes recording costs,
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It costs a record company $9,000 to prepare a record album for production. This includes recording costs, album design costs, etc., which represent a one-time fixed cost. Manufacturing, marketing, and royalty costs all variable costs are $2.80 per album. If the album is sold to record shops for $4 each, how many albums must be produced and sold for the company to break even?
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