George's T-Shirt Shop produces 5,000 custom printed T-shirts per month. George's fixed costs are $15,000 per month.

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George's T-Shirt Shop produces 5,000 custom printed T-shirts per month. George's fixed costs are $15,000 per month. The marginal cost per T-shirt is a constant $4. What is his break-even price? What would be George's break-even price if he were to sell 50% more shirts?
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Managerial Economics A Problem Solving Approach

ISBN: 978-1305259331

4th edition

Authors: Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

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