Please do not give solution in image format thanku A business incurs the following costs: •Labor: $145/unit•Materials: $75/unit•Rent: $450,000/month Assume the firm produces 2 million units per month. The total variable cost, per month, is ____ million. The total fixed cost, per month, is ____ million. The total cost is ____ million.

Please do not give solution in image format thanku A business incurs the following costs: •Labor: $145/unit•Materials: $75/unit•Rent: $450,000/month Assume the firm produces 2 million units per month. The total variable cost, per month, is million. The total fixed cost, per month, is million. The total cost is million.

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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