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A shoe company will make a new type of shoe. The fixed cost for the production will be $24,000. The variable cost will be $36 per pair of shoes. The...
A shoe company will make a new type of shoe.The fixed cost for the production will be$24,000. The variable cost will be $36 per pairof shoes. The shoes will sell for $101 for eachpair. What is the profit if 600 pairs are sold?