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A firm is deciding between two different sewing machines. Technology A has fixed costs of $500 and marginal costs of $50 whereas Technology B has...
A firm is deciding between two different sewing machines. Technology A has fixed costs of $500 and marginal costs of $50 whereas Technology B has fixed costs of $250 and marginal costs of $100.
If the price is $20 per unit, what is the break even amount of units for technology A?
a. 50
b. 60
c. 70
d. None-They would have to shut down