Explain the sufficient profit to cover your fixed cost, Macroeconomics

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Explain the sufficient profit to cover your fixed cost

A company currently sells 60,000 units a month at the $10 per unit. The marginal cost per unit is $6. The company is considering raising the price by 10% to $11. Suppose your boss tells you that price cannot drop below $9 because you cannot earn the sufficient profit to cover your fixed cost. Explain what should you tell her?

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Macroeconomics: Explain the sufficient profit to cover your fixed cost

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Macroeconomics: Explain the sufficient profit to cover your fixed cost

Reference No:- TGS0872752

Have a Question? (oR Write a Review)

Recent Questions Asked Macroeconomics

Q : Discuss how would you design an incentive system

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Request for Solution File

Ask an Expert for Answer!!

Macroeconomics: Explain the sufficient profit to cover your fixed cost

Reference No:- TGS0872752

Recent Questions Asked Macroeconomics

Q : Discuss how would you design an incentive system

Q : Median time to failure

Q : Determine the probability that the randomly selected

Q : How many units of labor for each one unit of capital

Q : Explain the sufficient profit to cover your fixed cost

Q : Determine the united states auto maker plans to build

Q : Determine the probability of a union b

Q : Determine the mean weight of all pies

Q : Determine how many dollars must be deposited now

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