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Oriole's Fish Company buys whole salmon from various fishermen at $6per pound and sells the fish to restaurants for $12per pound. Its fixed costs are
Oriole's Fish Company buys whole salmon from various fishermen at $6per pound and sells the fish to restaurants for $12per pound. Its fixed costs are $61,800per month.
How many pounds must be sold to break even, and how many pounds must be sold to earn a profit of $23,340per month?
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