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Evaluate the marginal cost of expanding Toyota's electric vehicle production line. Cost Components Fixed Costs ($) Variable Costs per Unit ($) Production Volume (units) Electric
Evaluate the marginal cost of expanding Toyota's electric vehicle production line.
Cost Components | Fixed Costs ($) | Variable Costs per Unit ($) | Production Volume (units) |
Electric Vehicle Production | 3,000,000,000 | 30,000 | 100,000 |
Requirements:
Calculate the marginal cost per unit.
Analyze the impact of production volume changes on the marginal cost.
Determine the break-even point for the electric vehicle production line.
Provide recommendations for optimizing production and reducing marginal costs.
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