ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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A corn refining company produces corn gluten cattle feed at a variable cost of $83 per ton. If fixed costs are $130,000 per month and the feed sells for $134 per ton, how many tons should be sold each month to have a monthly profit of $550,000?
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