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Diversity Ltd. produces and sells a product called Star. The company is currently selling 9,560 units of the product which represent 143,400. Total fixed costs
Diversity Ltd. produces and sells a product called Star. The company is currently selling 9,560 units of the product which represent 143,400. Total fixed costs equal 66,920 and total contribution equals 66,920. b) Consider that, after an increase in the market demand of product Star, Diversity Ltd. sells 25% more units of product Star. In this new situation, is Diversity Ltd. selling a profitable amount of its product Star? Explain your answer in detail.
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