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In order to produce a new product, a firm must lease equipment at a cost of $165,000 per year. The managers feel that they can sell 63,000 units per year at a price of $88. What is the highest variable cost that will allow the firm to at least break even on this project
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In order to produce a new product, a firm must lease equipment at a cost of $165,000 per year. The m...
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