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A donut shop has a fixed cost of $124 per day and a variable cost of $.12 per donut. How many donuts can be produced
A donut shop has a fixed cost of $124 per day and a variable cost of $.12 per donut. How many donuts can be produced for $600?
- If the donuts are sold for $0.60 each, how much profit of loss would the shop make for the number of donuts produced for $600?
- If the price of donuts is increased by 10% for the number of donuts produced for $750, the quantity demanded of donuts will decrease by 6%, how many donuts will be demanded at the new price?
- What would be the total cost of donuts produced at the new quantity demanded?
- How much profit will the company be making at this new production level?
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