The Cornay Company is planning to reduce the selling price of cornays from 110 per unit to
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The Cornay Company is planning to reduce the selling price of cornays from £110 per unit to £99 per unit. Fixed costs are £3,600,000 per annum; variable costs are £40 per unit; 80,000 units per annum are made and sold. How many additional units must be sold to make up for the price reduction?
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