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QUESTION
Maxines pumps (MP) sells bilge pumps for $250 each. Each pump costs $150 to produce, and MP's Fixed operating costs equal $600,000. (a) what is MP's
Maxines pumps (MP) sells bilge pumps for $250 each. Each pump costs $150 to produce, and MP's Fixed operating costs equal $600,000. (a) what is MP's operating breakeven point? (b) What is MP's operating income (NOI) when 10,000 pumps are sold?
