Widgets cost $20/unit to produce and are sold at 40$/unit. The firm has fixed operating costs of $60,000. If the fixed operating costs are increased 15%, then what percentage increase in sales revenue is required to break-even?

Widgets cost $20/unit to produce and are sold at 40$/unit. The firm has fixed operating costs of $60,000. If the fixed operating costs are increased 15%, then what percentage increase in sales revenue is required to break-even?

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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