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A company sells a product for $140 each. The product costs $90 for the company to make, and the company has $175,000 of fixed costs.
A company sells a product for $140 each. The product costs $90 for the company to make, and the company has $175,000 of fixed costs.
(a) What is the break-even point for this company/product, in terms of both units and sales?
(b) If the company sells 4,000 units, what is their total sales, total expenses, and profit/loss?
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