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If a soup kitchen has marginal revenues of $3.00 per meal delivered, marginal expenses of $4.00 per meal, $50,000 of annual fixed costs and annual
If a soup kitchen has marginal revenues of $3.00 per meal delivered, marginal expenses of $4.00 per meal, $50,000 of annual fixed costs and annual donations of $150,000, it will...
Select one:
a. never reach its break-even quantity.
b. need additional donations of $1 per meal to reach its break-even quantity.
c. reach its break-even quantity when it serves 100,000 meals.
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