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break-even point

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October 5th, 2022

Calculate the break-even point (Q), for

a firm whose: (a) total fixed cost (TFC) = $100,000, product

price per unit of output (P) = $10.00, and average variable

cost (AVC) = $7.50. (b) TFC = $600,000, P = $15,000, and

AVC = $12,000.

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