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QUESTION
A firm has the capacity to produce 780,709 units of a product each year. At present, it is operating at 50 percent of capacity. The firm's annual...
A firm has the capacity to produce 780,709 units of a product each year. At present, it is operating at 50 percent of capacity. The firm's annual revenue is $1,210,760. Annual fixed costs are $598,881 and the variable costs are $.29 cents per unit. At what volume of sales does the firm break even?
