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Juniper Enterprises sells handmade clocks. Its variable cost per clock is $8.50, and each clock sells for $17.00. The companys fixed costs total $8,330. Suppose
Juniper Enterprises sells handmade clocks. Its variable cost per clock is $8.50, and each clock sells for $17.00. The companys fixed costs total $8,330. Suppose that Juniper raises its price by 20 percent, but costs do not change. What is its new break-even point?
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