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Juniper Enterprises sells handmade clocks. Its variable cost per clock is $15.60, and each clock sells for $26.00. The companys fixed costs total $15,080. Suppose
Juniper Enterprises sells handmade clocks. Its variable cost per clock is $15.60, and each clock sells for $26.00. The companys fixed costs total $15,080. Suppose that Juniper raises its price by 40 percent, but costs do not change. What is its new break-even point?
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