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Computer Production. Brushstroke Computer, Inc., is planning a new line of computers, each of which will sell for $970. The fixed costs in setting up production are $1,235,580, and the variable costs for each computer are $697.
What is the break-even point?
The marketing department at Brushstroke is not sure that $970 is the best price. Their demand function for the new computers is given by
To the nearest dollar, what price [would result in equilibrium between supply and demand?
If the Computer are sold for the equilibrium price found in part (b), what is the breakeven point?
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