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If a company, sells dog food and each bag cost $5 to produce with the company having fixed costs of $1,000 and they sell each

If a company, sells dog food and each bag cost $5 to produce with the company having fixed costs of $1,000 and they sell each bag for $7.50. What is the quantity the company needs to sell to breakeven?

a.

230 bags
b.

350 bags
c.

400 bags
d.

500 bags

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