Linear Cost Function
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A firm uses simple linear regression to forecast the costs for its main product line. If fixed costs are equal to 235,000 and variable costs are 10 per unit, how many units does it need to sell at 15 per unit to make a 300,000 profit? a. 21,400 b. 47,000 c. 60,000 d. 107,000 | Numerade
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