What is the breakeven quantity
Problem
TransTech sells its product for $100. Marginal cost is a constant $70 per unit and fixed costs are $80,250.
a) What is the breakeven quantity?b) What is the breakeven revenue?
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TransTech sells its product for $100. Marginal cost is a constant $70 per unit and fixed costs are $80,250. What is the breakeven quantity?
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