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The fixed cost of ARCAN Engineering firm is $2 million annually. The main product they produce has a revenue of $21 per unit and $5
The fixed cost of ARCAN Engineering firm is $2 million annually. The main product they produce has a revenue of $21 per unit and $5 variable cost. Determine the following:
a) Break-even quantity per unit
b) Annual profit if 200,000 unit are sold
c)What will be the break-even quantity if fixed cost are reduced to $1 million annually?
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