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Question - Global Corp. sells its output at the market price of $9 per unit. Each plant has the costs shown below:
Units of Output
Total Cost ($)
0
7
1
9
2
13
3
19
4
27
5
37
6
49
63
Required -
What is the breakeven quantity?
What is the breakeven revenue?
What is the profit at each plant when operating at its optimal output level?
How many units of output should each plant produce?
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