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Softstep Stables has developed a lighter horseshoe for thoroughbreds, called the Air Citation. The company is presently experiencing labor difficulties and plans to raise
Softstep Stables has developed a lighter horseshoe for thoroughbreds, called the Air Citation. The company is presently experiencing labor difficulties and plans to raise wages to avert a strike. This will increase the Variable Cost per shoe from $19 to $23. The shoes presently sell for $72 each, but due to the competitive environment, Softstep Stables plans to drop their price to 547 each. Their current volume is 1.198 units. Fixed costs are $1.787. What will be the new unit volume required to generate the same total contribution as before? Enter your answer with ZERO decimal places, no symbols (eg. $). T
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