A tire production company has the fixed costs equal 4000000, Ask an Expert

Economics

A tire production company has the fixed costs equal $4,000,000 and the variable cost of production of one tire is $30. Each tire is sold for $70 per piece. what is the break-even production output? how many tires should the company produce to generate profit of $1,000,000?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91829257

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