If a firm has fixed costs of 100000 and variable costs per


1. If a firm has fixed costs of $100,000 and variable costs per unit of $1, what is the break-even point in units, assuming a selling price of $5 per unit?

2. What is the difference between a penetration pricing strategy and a skimming price strategy? Under what circumstances would each be used?

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Management Theories: If a firm has fixed costs of 100000 and variable costs per
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