A shoe company manufactures and sells a pair of shoes with the following 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 AED Advertising 388,348 90,000 Rent Heating 80,000 a. How many units would the company have to sell to have a profit of AED 150,0007?
A shoe company manufactures and sells a pair of shoes with the following 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 AED Advertising 388,348 90,000 Rent Heating 80,000 a. How many units would the company have to sell to have a profit of AED 150,0007?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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