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Business, 15.10.2019 18:10 onwugbonup

Aproducer of felt-tip pens has received a forecast of demand of 31,000 pens for the coming month from its marketing department. fixed costs of $25,000 per month are allocated to the felt-tip operation, and variable costs are 40 cents per pen. (a) find the break-even quantity if pens sell for $2 each. (round your answer to the next whole number.) (b) at what price must pens be sold to obtain a monthly profit of $23,000, assuming that estimated demand materialized

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