Multiple Choice
Soft Lighting can sell 15 000 lamp shades during the year. The variable expenses are $5 per lamp shade. Fixed expenses are $40 000 and the business wishes to earn a profit of $50 000. What price must Soft Lighting charge per lamp shade?
A) $5
B) $6
C) $10
D) $11
Correct Answer:
Verified
Correct Answer:
Verified
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