Business, 08.04.2021 15:20 makk60

Suppose you are the owner of a shoe store and your current fixed costs total $20,000 (real estate taxes, interest on a bank loan, etc.). In addition, your current unit variable cost for a shoe is $40 (which includes labor, leather, etc.). Calculate the price necessary to break-even by selling a quantity of 500 shoes.

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Suppose you are the owner of a shoe store and your current fixed costs total $20,000 (real estate ta...

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