Question: An item sells for $10 per unit. Variable costs of production are $6, and the fixed costs are $5,000. (5 points) (a) What is the

An item sells for $10 per unit. Variable costs of production

An item sells for $10 per unit. Variable costs of production are $6, and the fixed costs are $5,000. (5 points) (a) What is the break-even level of output? (b) What are the profits or losses for sales of: 500, 1000, 1500, 2000 units respectively

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