SOLUTION: Julio has started his very own floral business. He sells centerpieces for $19.50 each. His fixed costs are $500 per month, and each centerpiece cost $8 to produce.
Determine yo
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-> SOLUTION: Julio has started his very own floral business. He sells centerpieces for $19.50 each. His fixed costs are $500 per month, and each centerpiece cost $8 to produce.
Determine yo
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Question 874375: Julio has started his very own floral business. He sells centerpieces for $19.50 each. His fixed costs are $500 per month, and each centerpiece cost $8 to produce.
Determine your break-even point. Suppose you wish to break even by selling only 25 centerpieces. At what price would you need to sell each centerpiece?