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Assume that you are told that the firm decides to market one of its product lines using a strategy with the following first year projections:
Assume that you are told that the firm decides to market one of its product lines using a strategy with the following first year projections: (5 pts. show your work)
Fixed Costs: $20,425
Variable Cost: $6.73
Calculate the break-even amount of units to be sold for the following three price levels:
$7.99
$8.49
$8.99
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