Question
1.The Puzzle Company had total revenue of $4,750,000, total fixed costs of $1,500,000, and total variable costs of $2,750,000. If the company desires to earn
1.The Puzzle Company had total revenue of $4,750,000, total fixed costs of $1,500,000, and total variable costs of $2,750,000. If the company desires to earn a net income of $1,000,000, what total sales volume is needed to achieve the goal?
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Intermediate Microeconomics
Authors: Hal R. Varian
8th edition
393934241, 978-0393934243
