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A procedure at Mercy Hospital has fixed costs of $10,000 per year and variable costs of $50 per test. If the procedure is automated, its fixed cost will be $21,500 per year, but its variable cost will be only $10 per test. The number of tests that must be performed each year for the two operations to break even is closest to:
(a) 290
(b) 455
(c) 750
(d) Over 800
Apr 03 2020 View more View Less
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