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5-1 George's T-shirt Shop George ' s T-Shirt Shop produces 5,000 custom printed T-shirts per month. George ' s fixed costs are $15,000 per month.
5-1 George's T-shirt Shop
George's T-Shirt Shop produces 5,000 custom printed T-shirts per month. George's fixed costs are $15,000 per month. The marginal cost per T-shirt is a constant $4. What is his breakeven price? What would be George's breakeven price if George were to sell 50% more shirts?
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