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"The company Three, SRL, sells three different products and sets the sales value for every product at 1.5 of their respective variable costs. The fixed costs of the company amount to $2.5 million per year. Determine the break-even point expressed in terms of total value of annual sales."
First of all, I'm not asking for the answer. But it seems to me that there are some values missing in order to solve this problem. Can anyone PLEASE help? I've been staring at this for hours now.
David Ding advertises on a local radio station. For last 6-weeks, the manager has kept records of the number of minutes of advertising that were bought, and the sales for that week.
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How does capital investment affect the marginal physical product of labor and does more college education have the same kind of effect also which is a better investment
Andre has asked you to evaluate his business, Andre's Hair Styling. Andre has five barbers working for him. Each barber is paid $9.90 every hour and works a forty hour week and a fifty week year,
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