Economies of Scale
Extent Decision: https://slideplayer.com/slide/7251652/
What are economies of scale?
Break Even Analysis: https://www.youtube.com/watch?v=tXI3Qdu_Qt8
If the selling price is $30/unit, variable costs of $15/unit, and the fixed costs are $50,000. What is the required output level to make a target profit of $15,000?
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