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Refer to the attached photo with solutions and the cost information for Samuel Hilaire, a Haitian farmer. The annual fixed costs are $1,000 a
Refer to the attached photo with solutions and the cost information for Samuel Hilaire, a Haitian farmer. The annual fixed costs are $1,000 a year and variable costs per kilogram of peanuts is $0.3233. 1. Given that Samuel expects to sell his peanuts for $0.61 per kilogram in 2014, how many kilograms of peanuts does Samuel need to sell to break even? 2. How many kilograms of peanuts does Samuel need to sell to make a profit of $350, the average annual salary of Haitians living in rural areas? Activate Wir
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