The price of a product is $5.75 a unit. A firm can produce this good with variable
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Question:
The price of a product is $5.75 a unit. A firm can produce this good with variable costs of $2.25 per unit and total fixed costs of $1200.
What is the break-even level of output if fixed costs increase to $1800 and variable costs decline to $2.00 per unit?
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