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An analysis by your marketing team says that the obtainable market for your new product is 760,000 units. You will need to purchase equipment that
An analysis by your marketing team says that the obtainable market for your new product is 760,000 units. You will need to purchase equipment that costs $5,700,000 in order to pursue the opportunity, and you believe that the variable cost will be $48.30 per unit.
What is the lowest price that you can charge and still breakeven?
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