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Mae Company Sells Its Product for $12 Per Unit and Has

question 46

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Mae Company sells its product for $12 per unit and has variable costs of $8 per unit.Total fixed costs are $60,000.Suppose variable costs increase by 10% due to an increase in the cost of direct materials.What will be the effect on the breakeven point in units?

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Grasp the principle of revealed preference and its application in consumer theory.

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