Question: Two products are being made and sold, a basic model for $10 and an advanced model for $15.The basic model has a per-unit variable cost
Two products are being made and sold, a basic model for $10 and an advanced model for $15.The basic model has a per-unit variable cost of $6, while the advanced model's variable cost is $7.Most of the time, 3 basic models are sold for every one advanced sold.Total fixed costs were $10,000.If the target income is $5,000, how many of the advanced models would be sold at that point?
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