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Example A firm estimates that the fixed cost of producing a line of footwear is Rs.520,000 with a Rs.90 variable cost for each pair produced.
Example A firm estimates that the fixed cost of producing a line of footwear is Rs.520,000 with a Rs.90 variable cost for each pair produced. They want to know: -If each pair sells for Rs.250, how many pairs must they sell to break-even? -If they sell 4000 pairs at Rs.250 each, how much money will they make
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