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Speedy Shipping is a trucking company that transports goods nationwide. After an analysis of its costs, Speedy has determined that it incurs a total of

Speedy Shipping is a trucking company that transports goods nationwide. After an analysis of its costs, Speedy has determined that it incurs a total of $75,000 of costs at the lowest level of service (100 shipments / year), and $375,000 of costs at the highest level of shipments (1,600 / year).

What is Speedy's variable cost per shipment?

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