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You are thinking about opening up a bicycle production facility Your equipment will cost 50000 and facility renovations will cost 75000. You estimate that each
You are thinking about opening up a bicycle production facility Your equipment will cost 50000 and facility renovations will cost 75000. You estimate that each bicycle will cost you an additional 50 in labor an material to produce If you plan to sell each bicycle for 75 each.
What is your break even quantity?
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