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If a Firm Can Sell a Product for $40

Question 36

Multiple Choice

If a firm can sell a product for $40.00 each,then what is the volume needed to break-even if the fixed cost of production is $125,000.00 and labor and material costs are $30.00 per item?


A) 125,000
B) 12,500
C) 4,167
D) 3,250

Correct Answer:

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