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The neighbourhood bookstore sells novels for $17 per unit. The cost to purchase one book is $13. The store has fixed costs per month of
The neighbourhood bookstore sells novels for
$17
per unit. The cost to purchase one book is
$13.
The store has fixed costs per month of
$1200.
The store estimates that they can sell
700
books each month.
(a) Compute the break-even point in units.
(b) Compute the break-even point in sales dollars.
(c) Compute the break-even point as a percent of capacity.
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