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The bakery sells cakes for $4/each, it costs them $2/each to produce, and they can sell 50 cakes in one day. The bakery wants to
The bakery sells cakes for $4/each, it costs them $2/each to produce, and they can sell 50 cakes in one day. The bakery wants to selI more cakes in a day, so they think that it is a good idea to lower the price to $3/each. The cost remains the same in this example. How many cakes do they need to sell to break even from a profit perspective?
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