Question
A firm has the capacity to produce 1,387,450 units of a product each year. At present, it is operating at 78 percent of capacity. The
A firm has the capacity to produce 1,387,450 units of a product each year. At present, it is operating at 78 percent of capacity. The firm's annual revenue is $520,627. Annual fixed costs are $190,740 and the variable costs are $.26 cents per unit.
What is the price for each unit?
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Exchange Rates and International Finance
Authors: Laurence Copeland
6th edition
273786040, 978-0273786047
