Business, 04.10.2020 17:01 johnny2585

Acme LLC has already paid $10,000,000 in Research & Development costs. Unfortunately, times have changed. Since they started R&D, the market for their new product, "the fancy machine," has shrunk. Acme’s accountants have determined that if they were to still produce the fancy machines, the quantity that would produce the highest revenue would be is 1,000,000 fancy machines. Each machine costs $4 to make and would be sold for $12. What should Acme do?

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Acme LLC has already paid $10,000,000 in Research & Development costs. Unfortunately, times have...

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