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The Coca-Cola Company, a global beverage corporation, disclosed total variable costs of $25.6 billion and total fixed costs of $12.8 billion for the fiscal year
The Coca-Cola Company, a global beverage corporation, disclosed total variable costs of $25.6 billion and total fixed costs of $12.8 billion for the fiscal year 2021. Given that Coca-Cola sold 30 billion units of beverages, compute the average variable cost per unit and discuss the implications of cost behavior on Coca-Cola's pricing strategies and profitability.
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