Multiple Choice
A firm has fixed costs of $200,000 and variable costs per unit of $6.It plans on selling 40,000 units in the coming year.To realize a profit of $20,000,the firm must have a sales price per unit of at least
A) $11.00.
B) $11.50.
C) $10.00.
D) $10.50.
Correct Answer:
Verified
Correct Answer:
Verified
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