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A firm uses simple linear regression to forecast the costs for its main product line. If fixed costs are equal to $190,000 and variable costs
A firm uses simple linear regression to forecast the costs for its main product line. If fixed costs are equal to $190,000 and variable costs are $11 per unit, how many units does it need to sell at $15 per unit to make a $250,000 profit? A. 62,500 B. 47,500 C. 16,923 OD. 110,000
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