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Citizen Sells a Watch for $35 at a Fixed Cost

Question 7

Multiple Choice

Citizen sells a watch for $35 at a fixed cost of $1 million per annum. Recent recession has seen jump in material cost to $20. What is the new break-even volume of watches per year?


A) 28 571
B) 50 000
C) 66 667
D) 6667
E) 7000

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