Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Let's say you spend $10,125 to open up a pie store. The retail price of pies is $13, and each pie costs you $3 to make. What is the break even point? (i.e., what is the number of pies you must sell to break even?).
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