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A firm is analysing a relaxation of credit standards that is expected to increase sales from 20,000 to 22,000 units. The average selling price per unit is $80, the variable cost of sales per unit is $30, and the average cost per unit is $33. What is the additional profit contribution from sales if credit standards are relaxed?
Willie Cheetum is the CEO of Happy Foods, a distributor of produce to grocery store chains throughout the Midwest. At the end of the year, the company's account
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