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The price of a product is $35 per unit. A firm can produce this good with variable costs of $25 per unit and a total
The price of a product is $35 per unit. A firm can produce this good with variable costs of $25 per unit and a total fixed cost of $10,000. (5 points) (a) What is the break-even level of output? (b) What is the break-even level of output if fixed costs increase to $15,000 and variable costs decrease to $20 per unit
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