2. You are considering opening a new business to sell golf clubs. You estimate that your manufacturing
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2. You are considering opening a new business to sell golf clubs. You estimate that your manufacturing equipment will cost $100,000, facility updates will cost $250,000, and on average it will cost you $80 (in labor and material) to produce a club. If you can sell clubs for
$100 each, what is your break-even quantity?
a. 1,000
b. 3,500
c. 4,375
d. 17,500
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Related Book For
Managerial Economics A Problem Solving Approach
ISBN: 9780324359817
1st Edition
Authors: Luke M. Froeb, Brian T. McCann
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