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Ampro-Mag makes materials for safely controlling hazardous spills of all kinds. It sells these items as a neutralizing kit priced at $100. The costs of the materials that go into each kit are $45. It costs $5 in labor to assemble a kit. The company has monthly expenses of $1,000 for rent and insurance, $200 for heat and electricity, $500 for advertising in trade journals, and $3,500 for the monthly salary of its owner. What is Ampro-Mag's monthly break-even point in terms of number of neutralizing kits sold?
Rule 702
A regulation in the Federal Rules of Evidence concerning the admissibility of expert witnesses' testimonies in United States courts.
Federal Rule Of Evidence
A set of regulations adopted by United States federal courts governing the admission and use of evidence in proceedings.
Disparagement
In tort law, any false statement made to others that questions the legal ownership or raises doubts as to the quality of merchandise.
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