In this current year Company has produced 300 widgets. Over the next 2 years production...
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In this current year Company has produced 300 widgets. Over the next 2 years production will increase by 25% more of the previous year. With each increase in production cost/unit will decrease 10% less of the previous year. Companys present profit margin is 30%. Present cost/unit is $24. If price remains constant how many units will have to be sold in Year 3 of production to break even?
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