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Assuming that all other factors remain unchanged, determine how a firm's break-even-point is affected by each of the following: (a) The firm finds it necessary
Assuming that all other factors remain unchanged, determine how a firm's break-even-point is affected by each of the following:
(a) The firm finds it necessary to reduce the price unit because of foreign competition.
(b) The firm's director's labour costs are increased as the result of a new labour contract.
(c) The Occupational Safety and Health Administration requires the firm to install new ventilating in its plant. (Assume that this action has no effect on worker productivity)
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