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A firm makes a single product with a marginal cost of 150

A firm makes a single product with a marginal cost of $1.50.

Up to 400 units can be sold at $3.00 per unit but additional sales can be only be made by reducing the selling price to $2.00 per unit.
Fixed costs are $25,000 per period.

How many units must be made and sold?

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Accounting Basics: A firm makes a single product with a marginal cost of 150

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