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How many pounds must be produced each week for the plant

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A mill producing steel plate has fixed costs of $160,000 per week and variable costs of $0.14 per pound of steel plate produced. If the steel plate sells for $0.79 per pound, how many pounds must be produced each week for the plant to breakeven? Express your answer in pounds to the nearest 1,000 pounds.

Reference no: EM13956695

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