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PharoahCash, Ltd . operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat styles from a single

PharoahCash, Ltd

.

operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat styles from a single distributor at $

10

each. All other costs incurred by the company are fixed.PharoahCash, Ltd

.

sells the hats for $

40

each

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