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A firm has sold 55,555 bicycles in 2020 that has variable cost of $199.55 for $299.99 each. The company's fixed cost for the year

 

A firm has sold 55,555 bicycles in 2020 that has variable cost of $199.55 for $299.99 each. The company's fixed cost for the year was $3,000,000. Show your work here below. To find Profit, compute the following first. 1. Total Variable Cost (TVC) 2. Total Cost (TC) Total Revenue (TR), 3. 4. Profit=

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