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A manufacturer sells a product at $12 per unit, selling all that is produced. Fixed cost is $4000 and variable cost per unit is $4.
A manufacturer sells a product at $12 per unit, selling all that is produced. Fixed cost is $4000 and variable cost per unit is $4.
1) Find the total output and revenue at the break even point?
2) Find the profit when 1200 units are produced?
3) Find the output required to obtain a profit of $16000?
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