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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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