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At a production level of 5,600 units a project has total costs of $89,000. The variable cost per unit is $11.20. What is the amount of the total fixed costs if the production level is increased to 6,100 units without increasing the total fixed assets?
U.S. Unions
Labor organizations in the United States that represent the collective interests of workers in negotiations with employers over workplace issues.
Capitalistic Class
A social class comprising individuals and families that own capital, investments, or businesses, and derive their income from their investments or business operations.
Means of Production
Refers to the physical and non-physical inputs used in the production of goods and services, including factories, machinery, and capital.
Labor Problem
Issues arising from the employment relationship, typically involving disputes over working conditions, wages, or treatment of workers.
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