Question
Arthur crafts miniature chocolate dollhouses which he sells for $26 each. Arthur has calculated the breakeven level of revenues for his business at $1,010 of
Arthur crafts miniature chocolate dollhouses which he sells for $26 each. Arthur has calculated the breakeven level of revenues for his business at $1,010 of sales. The dollhouses have a variable cost of $11 to produce per unit.
If his fixed costs double, what is the new breakeven point in units?
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The Handbook Of Pairs Trading
Authors: Douglas S. Ehrman
1st Edition
0471727075, 9780471727071
