Question
you are considering opening a garment factory. You estimate that equipment will cost $25,000, office space will cost $10,000, and on average it will cost
you are considering opening a garment factory. You estimate that equipment will cost $25,000, office space will cost $10,000, and on average it will cost you $3.50 (in labor and materials) to produce your garment. If you sell them for $7.50 each, what is your breakeven quantity?
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