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Economics

A company produces an electronic timing switch that is used in consumer and commercial products. The fixed cost (CF) is $73,000 per month, and the variable cost (CV) is $94 per unit. The selling price per unit is p= $180-0.02(D). For this situation, determine the optimal volume for this product.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9747312

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