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Suppose you are the owner of a picture frame store and you wish to calculate how many frames you must sell to cover your fixed
Suppose you are the owner of a picture frame store and you wish to calculate how many frames you must sell to cover your fixed and variable costs at a given price. Lets assume that the demand for your frames is strong, so the average price customers are willing to pay for each picture frame is $ Also, suppose your fixed costs FC total $real estate taxes, interest on a bank loan, etc. and unit variable cost UVC for a picture frame is $labor glass, frame, and matting If your picture frame store sold picture frames, what would your profit or loss be Multiple Choice
a loss of $
$
$ profit
$ profit
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