Answer to Question #336535 in Statistics and Probability for eliakim ndume

Question

A firm produces three products. Product A sells for N$60; its variable costs are N$20. Product B sells for N$200; its variable costs are N$120. Product C sells for N$25; its variable costs are N$10. Last year the firm sold 1000 units of A, 2,000 units of B and 10,000 units of C. The firm has fixed costs of N$320,000 per year. Calculate the break-even point of the firm

Answer 1

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