ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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A company produces an electronic timing switch that is used in consumer and commercial products. The fixed cost is $70,000 per month and the variable cost is $80 per unit. If the selling
a) The optimal volume for this product (Demand)?
b) The value of selling price per unit at the optimal volume calculated in part a for this product ?
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