Business, 05.05.2020 16:35 Samonerob2002

Ocean Gate sells external hard drives for $200 each. Its total fixed costs are $30 million, and its variable costs per unit are $140. The corporate tax rate is 30%. If the economy is strong, the firm will sell 2 million drives, but if there is a recession, it will sell only half as many.

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Ocean Gate sells external hard drives for $200 each. Its total fixed costs are $30 million, and its...

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