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Gulliver produces explosives that are used in different mining companies. The fixed cost of is R 1 0 0 0 0 0 and the variable
Gulliver produces explosives that are used in different mining companies. The fixed cost of is
R and the variable cost is R per unit. The value of a is R and that of b is
i calculate the optimal volume for this product and confirm that a profit occurs instead of a
loss at this demand.
ii find the volumes at which breakeven occurs; that is what is the range of profitable demand?
Solve by hand.
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