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in order to produce a new product, a firm must lease equipment at a cost of $50,000 per year. the managers feel that they can sell 10,000 units per year at a price of $35. what is the highest variable
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30 votes
30 votes
in order to produce a new product, a firm must lease equipment at a cost of $50,000 per year. the managers feel that they can sell 10,000 units per year at a price of $35. what is the highest variable cost that will allow the firm to at least break even on this project?

User Mario Uher
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20 votes
20 votes

Answer:350000

Step-by-step explanation:

if you do simple math and do the problem 10000 X 35=350000 that is the end of the question since it is asking you to find the HIGHEST variable cost

User Joe
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