We make artificial heart valves. Our Total fixed costs is $500,000/month. Variable costs per unit...
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We make artificial heart valves. Our Total fixed costs is $500,000/month. Variable costs per unit is $4,000 and we are paid a price of $5,000. At what quantity of heart valves will we break even?
b. Check your result from part a by calculating Total revenue and Total costs at your Break even quantity.
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