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At break-even point a company sells 2,400 widgets. Its selling price is $8 per widget, variable cost is $5 per widget, and its fixed cost
At break-even point a company sells 2,400 widgets. Its selling price is $8 per widget, variable cost is $5 per widget, and its fixed cost is $3 per widget. If it sells 50 additional widgets, how much is incremental profit? Please explain it clearly and simply so I can figure out how to answer this type of question later in my studies
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