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At the break-even point of 2,000 units, variable costs are $55,000, and fixed costs are $32,000. How much is the selling price per unit?
Economic Depression
A long-term downturn in economic activity characterized by high unemployment, low consumer spending, and business failures.
Pre-Industrial Artisan
A skilled craftsperson who manually produces goods or provides services, traditionally working within a small-scale, labor-intensive process prior to industrialization.
New England Farm Daughters
Refers to young women who lived and worked on farms in the New England region of the United States, particularly significant during the 18th and 19th centuries for their role in the agricultural economy.
Female Immigrants
Women who migrate from one country to another, often seeking better opportunities, family reunification, or safety from conflict or persecution.
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