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A company produces circuit boards used to update outdated computer equipment. The fixed cost is $42,000 per month, and the variable cost is $53 per
A company produces circuit boards used to update outdated computer equipment. The fixed cost is $42,000 per month, and the variable cost is $53 per circuit board. The selling price per unit is p = $150 0.02Q. Maximum output of the plant is 4,000 units per month. a. Determine profit maximization level of output. b. At what output level do breakeven occur?
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