(WD2) Jack Sparrow no longer makes a living by pillaging and robbing traders.Instead, he sells pirate-themed T-shirts online as a business venture at anaffordable price of RM 10 per T-shirt. He has unavoidable fixed costs amountingto RM 120,000 per year. The average cost of each T-shirt is RM 4 and to run thisbusiness, there are other variable costs of RM 1 per unit of the T-shirt sold(independent of how many T-shirts are sold). Jack Sparrow aims to sell 30,000 ofhis pirate-themed T-shirts in the next 12 months. How many pirate-themed T-shirts must Jack Sparrow sell in the next 12 months, to Break Even? Savvy? *20,000O 24,00028,000O 30,000

According to the given information, Fixed cost is RM 120,000 per year Average cost is RM 5 (RM 4 +…

Answered: (WD2) Jack Sparrow no longer makes a…

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter7: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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