Answered: You have a price of $5 per unit. Your…

You have a price of $5 per unit. Your total variable costs are $1 per unit and your fixed costs are $4,000 per month. How many units do you need to sell to break even for the month?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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You have a price of $5 per unit. Your total variable costs are $1 per unit and your fixed costs are $4,000 per month. How many units do you need to sell to break even for the month?

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