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Netflix is planning to launch a new streaming service. The company estimates fixed costs of $10 million per year, variable costs of $5 per subscriber,

Netflix is planning to launch a new streaming service. The company estimates fixed costs of $10 million per year, variable costs of $5 per subscriber, and an expected subscription fee of $15 per month. If Netflix aims to break even in the first year of operation, how many subscribers must they attain? Additionally, calculate the profit Netflix would earn if they achieve 1 million subscribers in the first year.

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