4. A firm has the following information available to its managers: Fixed costs are 1500, price =...

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4. A firm has the following information available to its managers:

Fixed costs are €1500, price = €8 and the variable costs are

€0.50 per unit. What is the break-even output for this firm?

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Business Economics

ISBN: 388402

2nd Edition

Authors: Mark P. Taylor, Andrew Ashwin, N. Gregory Mankiw

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