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HiRise's total costs of $1.61 per loaf were split into $0.48 of fixed costs and $1.13 of variable costs. In a price war, how low

HiRise's total costs of $1.61 per loaf were split into $0.48 of fixed costs and $1.13 of variable costs. In a price war, how low do you think HiRise might be willing to go? $0.00 $0.48 $1.13 $1.61

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