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We are developing an initial market feasibility assessment for a new product. Fixed and variable...

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We are developing an initial market feasibility assessment for a new product. Fixed and variable costs are expected to be around $50,000/year and $8.00/unit. Optimal sales price is estimated at $12.50. Sales are expected to be 10,000 units on year 1 and have compounded anual growth of 8% during first 4 years, and 5.5% for another 5 years. In what year would we reach break-even volumen

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