Multiple Choice
Solve the problem.
-A shoe company will make a new type of shoe. The fixed cost for the production will be $24,000. The variable cost will be $34 per pair of shoes. The shoes will sell for $100 for each pair. How Many pairs of shoes will have to be sold for the company to break even on this new line of shoes?
A) 66 pairs
B) 364 pairs
C) 241 pairs
D) 706 pairs
Correct Answer:
Verified
Correct Answer:
Verified
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