A firm makes a single product with a marginal cost of 15p. Up to 40,000 units can

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A firm makes a single product with a marginal cost of 15p. Up to 40,000 units can be sold at 30p per unit but additional sales can only be made by reducing the selling price to 20p per unit. Fixed costs are £2,500 per period and there is a planned profit of £4,000 per period. How many units must be made and sold?

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Costing

ISBN: 9780134789705

6th Edition

Authors: Terry Lucey

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