Question
George's T-Shirt Shop produces 3,000 custom-printed T-shirts per month. George's fixed costs are $9,000 per month. The marginal cost per T-shirt is a constant $10.
George's T-Shirt Shop produces 3,000 custom-printed T-shirts per month. George's fixed costs are $9,000 per month. The marginal cost per T-shirt is a constant $10.
George's break-even price is per shirt:
Suppose George sells 50% more T-shirts per month
At this quantity of shirts, George's break-even price is per shirt:
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International Economics
Authors: Robert Carbaugh
15th edition
1285854357, 978-1305177093, 1305177096, 978-1285854359
