Following a successful meeting with a potential investor, you have been granted enough capital to kick start your start-up company, which has developed mobile applications that instantly compares retail prices for corresponding retail outlets across a specific location. Your company sells each application for P20. The variable cost per application is P5. The company's total fixed costs is P210,000. Calculate the break even point (Insert your answer to the nearest whole number, with no units).

Following a successful meeting with a potential investor, you have been granted enough capital to kick start your start-up company, which has developed mobile applications that instantly compares retail prices for corresponding retail outlets across a specific location. Your company sells each application for P20. The variable cost per application is P5. The company's total fixed costs is P210,000. Calculate the break even point (Insert your answer to the nearest whole number, with no units).

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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