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New Jersey Products Inc. has a division that makes burlap bags for the citrus industry. The division has fixed costs of $10,000 per month, and

New Jersey Products Inc. has a division that makes burlap bags for the citrus industry. The division has fixed costs of $10,000 per month, and it expects to sell 50,000 bags per month. If the variable cost per bag is $2.00, what price must the division charge in order to break even?

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