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If a firm has fixed costs of $300,000, variable costs of $100 per unit, and it hopes to sell 1000 units, what selling price must
If a firm has fixed costs of $300,000, variable costs of $100 per unit, and it hopes to sell 1000 units, what selling price must it charge in order to break even? Select one: a. $100 b. $200 c. $250 d. $400
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