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Julio has started his very own floral business. He sells centerpieces for $19.50 each. His fixed costs are $500 per month, and each centerpiece cost $8 to produce. Determine your break-even point. Suppose you wish to break even by selling only 25 centerpieces. At what price would you need to sell each centerpiece? a. Julio must sell 25 centerpieces at $35 each to break even. b. Julio must sell 25 centerpieces at $25 each to break even. c. Julio must sell 25 centerpieces at $40 each to break even. d. Julio must sell 25 centerpieces at $28 each to break even.
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