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Hull Ltd makes detergent which sells at $1 a bottle. Variable costs are $0.6 a bottle. The business is working at full capacity. What is
Hull Ltd makes detergent which sells at $1 a bottle. Variable costs are $0.6 a bottle. The business is working at full capacity. What is the minimum price at which this product could be sold without making a loss for an order of 100,000 bottles? To fulfill this additional order, the company would incur additional fixed costs of $45,000 and variable costs of $60,000. You may assume a linear relationship between costs and selling price.
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