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In order to produce a new product, a firm must lease equipment at a cost of $100,000 per year. The managers feel that they can

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In order to produce a new product, a firm must lease equipment at a cost of $100,000 per year. The managers feel that they can sell 50,000 units per year at a price of $75. What is the highest variable cost that will allow the firm to at least break even on this project? Variable Cost

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