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pinches ltd makes cooking oil which sells at $20 a bottle. variable cost are $12 a bottle. the business is working at full capacity. what
pinches ltd makes cooking oil which sells at $20 a bottle. variable cost are $12 a bottle. the business is working at full capacity. what is the minimum price at which this product could be sold without making a loss for an order of 12,000 bottles? to fulfil this additional order, the company would incur additional fixed costs of $50,000 and variable costs of $70,000. you may assume a linear relationship between costs and selling price.
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