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ABC Company makes and sells stuffed animals. One product, Michael Bears, sells for $28 per bear It has fixed costs of $100,000 per month and a variable cost of $12 pe bear. How many bears should be produced to make positive profit (gains)? * More than 6,250 units 6,250 units Less than 6,250 units Between 6,000 and 6,250 units

ABC Company makes and sells stuffed animals. One product, Michael Bears, sells for $28 per bear It has fixed costs of $100,000 per month and a variable cost of $12 pe bear. How many bears should be produced to make positive profit (gains)? * More than 6,250 units 6,250 units Less than 6,250 units Between 6,000 and 6,250 units

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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ABC Company makes and sells stuffed animals. One product, Michael Bears, sells for $28 per bear. It has fixed costs of $100,000 per month and a variable cost of $12 per bear. How many bears should be produced to make positive profit (gains)? * More than 6,250 units 6,250 units Less than 6,250 units Between 6,000 and 6,250 units
Transcribed Image Text:ABC Company makes and sells stuffed animals. One product, Michael Bears, sells for $28 per bear. It has fixed costs of $100,000 per month and a variable cost of $12 per bear. How many bears should be produced to make positive profit (gains)? * More than 6,250 units 6,250 units Less than 6,250 units Between 6,000 and 6,250 units
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