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Gary King operates a kiosk in downtown Chicago, at which he sells one style of the baseball hat. He buys the hats from a supplier
Gary King operates a kiosk in downtown Chicago, at which he sells one style of the baseball hat. He buys the hats from a supplier for $20 and sells them for $25. Garys current breakeven point is 16,000 hats per year. How many hats must Gary sell to break even if his supplier raises the price of the hats to $21 per hat?
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