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Alex is the manager of a division of a paper firm that produces copier paper and sells it on the wholesale market.His firm's output represents about 1.5% of total copier paper sales.The wholesale price of copier paper is $3.95 per standard package.His plant engineers report that,at his projected volume,labor costs are $1.00 per package,material costs are $2.00 per package,and other average fixed costs are about $0.75.What price should he charge for his firm's product?
Consequential Damages
Refers to losses or injuries that do not flow directly and immediately from an act, but result indirectly from the act.
Breach
The act of violating a law, promise, agreement, or barrier.
Special Circumstances
Situations that are exceptional, and may require different treatment or exceptions to standard rules or policies.
Incidental Beneficiary
A third party for whose benefit a contract was not made but who would substantially benefit if the agreement were performed according to its terms and conditions.
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