Question
Firm X is selling a vehicle with an MSRP of $25,000 and dealer discount of 15%. Unit cost is $14,700 and fixed costs are $1.3
Firm X is selling a vehicle with an MSRP of $25,000 and dealer discount of 15%. Unit cost is $14,700 and fixed costs are $1.3 billion. How many units must they sell to break even? Round to the nearest whole unit.
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Introductory Course On Financial Mathematics
Authors: M V Tretyakov
1st Edition
1908977388, 978-1908977380
