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SuperCool Appliances is adding a new mini refrigerator to its product mix. To implement the new refrigerator, the firm will have a fixed cost of

SuperCool Appliances is adding a new mini refrigerator to its product mix. To
implement the new refrigerator, the firm will have a fixed cost of $400,000, and the
selling price will be $219.99 with a variable cost of $140.00 per unit. The company
wants to make at least $100,000 in profit the first year with this new product.

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