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Lucas Manufacturing company sells its product for $450 per unit. Its variable cost is $250 and fixed cost is $500000. (A) Find the Break-even output
Lucas Manufacturing company sells its product for $450 per unit. Its variable cost is $250 and fixed cost is $500000.
(A) Find the Break-even output (show calculation)
(B) What does this Break-even output implies in terms of profit?
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