Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:A shoe company manufactures and sells a pair of shoes with the folowing cost and revenue data:
Selling price Per Unit (AED) 75
Variable cost Per Unit (AED) 20
Total fixed expenses per month are as follows:
Expenses types
Advertising
AED
388,348
Rent
90,000
Heating
80,000
a. How many units would the company have to sell to have a profit of AED 150,000?
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