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Suppose a company sells a product with the following conditions: fixed costs per year ( F C ) = $ 9 , 0 0 0
Suppose a company sells a product with the following conditions:
fixed costs per year $
variable cost per unit $
selling price per unit $
quantity values from increments
A student used Excel to create the connected scatter plot of revenue and cost shown below, and calculated the break even quantity to be Which of the following is true?
a Both the graph and the break even quantity are correct.
b The graph is correct, but the break even quantity is incorrect.
c The break even quantity is correct, but the graph is incorrect.
d Both the graph and the break even quantity are incorrect.
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