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Question 7 (1 point) A firm selling digimon cards has upfront costs of $10,000, $4000 in its first year, $6000 in its second year and
Question 7(1 point)
A firm selling digimon cards has upfront costs of $10,000, $4000 in its first year, $6000 in its second year and $7000 in its third year. It sells 600 packs in its first year of operations, 900 packs in its second year and 1800 in its third year of operations. The firm has a MARR =9%. Find its break-even price per Digimon pack. The price is within 10 cents of?
Question 7 options:
A) 8.73
B) 8.93
C) 9.13
D) 9.33
E) 9.53
F) None of the above
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