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In order to produce a new product, a firm must lease new equipment. The managers feel that they can sell 10,000 units per year at

In order to produce a new product, a firm must lease new equipment. The managers feel that they can sell 10,000 units per year at a price of $7.50. If the variable cost of production is $5.00 per unit, what is the most the firm can spend to lease the new equipment without losing money?

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