Question
3. Calculate the break-even point (Q), for a firm whose: (a) total fixed cost (TFC) = $100,000, product price per unit of output (P) =
3. Calculate the break-even point (Q), for a firm whose: (a) total
fixed cost (TFC) = $100,000, product price per unit of output
(P) = $8.00, and average variable cost (AVC) = $4.00.
(b) TFC = $600,000, P = $20,000, and AVC = $10,000.
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
8th Edition
007322359X, 9780073223599
