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1 for production above 30000 per year find break even

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Reference no: EM13390308

You have an opportunity to invest in a new plant. The fixed costs are $100,000 per year. The marginal cost of production is $2 for a quantity up to 10,000 units per year. The marginal cost of production is $4 for a quantity between 10,001 and 30,000 units per year (an additional 20,000 units per year) and $10 for production above 30,000 per year. What is the break even quantity if the market is competitive and the market price is $8 per unit? Show all calculations.

Reference no: EM13390308

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