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Ribco Co., makes and sells only one product. The selling price is $30, Fixed cost is $400,000. The company always incurs a loss even though

Ribco Co., makes and sells only one product. The selling price is $30, Fixed cost is $400,000. The company always incurs a loss even though it increases the amount of sales. On the other hand, the amount of loss equals to $400,000 so the company's variable cost would be:

Select one:

a.$13.33

b.$20

c.0

d.$30

e.$40

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