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Question - SLC Pharma is a small company which manufactures a particular haircare over-the-counter product. Following are their income and costs for a typical month:
Sales 8,000 units
Wholesale price $20.00 per unit
Revenue $160,000
Variable costs $11 per unit
Fixed costs $30,000
Required - Compute the breakeven sales change if the price is cut by 10% and everything else remains the same.
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