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Curtis K
Curtis K, Engineer
Category: Homework
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Experience:  Computer Engineer with MBA; Many years of math tutoring experience;
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5. Squiggly Wiggly Corporation sells fishing worms in the wholesale

Customer Question

5. Squiggly Wiggly Corporation sells fishing worms in the wholesale market.



The company has monthly fixed costs of $1960, and it sells worms for $5



per gallon. Its AVC and MC is $2.20 per gallon of worms.



(a) How many gallons will it have to sell in order to break even



(b) Suppose the company wants to have profits of $12000. What monthly



quantity will it have to sell to accomplish this.
Submitted: 5 years ago.
Category: Homework
Expert:  Curtis K replied 5 years ago.
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