Multiple Choice
Use the following setup for the next question.
A firm is deciding between two different sewing machines.Technology A has fixed costs of $500 and marginal costs of $50 whereas Technology B has fixed costs of $250 and marginal costs of $100.
-If the price is $20 per unit,what is the break even amount of units for technology A?
A) 50
B) 60
C) 70
D) None-They would have to shut down
Correct Answer:
Verified
Correct Answer:
Verified
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