Calculations around break-even point

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A firm producing poultry feed finds that the total cost C in dollars for producing and selling x units is given by C = 18 x + 150. Management plans to charge $22.50 per unit for the feed.

1. What is the break-even cost?

2. What is the profit for 75 units of feed sold?

3. How many units must be sold to produce a profit of $1020?

Reference no: EM1393460

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