Multiple Choice
Rex's doughnuts can produce only 100 doughnuts a day. The variable cost incurred per unit is $2 and fixed costs incurred per day is $500. At what price should a doughnut be sold to break even?
A) $10
B) $5
C) $7
D) $4
E) $8
Correct Answer:
Verified
Correct Answer:
Verified
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