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A consulting firm offers two types of services: financial consulting and marketing consulting. The firm's fixed costs are $200,000 per year. The variable costs for
A consulting firm offers two types of services: financial consulting and marketing consulting. The firm's fixed costs are $200,000 per year. The variable costs for financial consulting are $100 per hour, and for marketing consulting are $150 per hour. If the firm charges $300 per hour for financial consulting and $400 per hour for marketing consulting, what is the breakeven point in hours for each service?
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