Hi John
Please the question that you solved for me no too long ago.... Please I have a question..... I am confused as to how you got 1.4 please can you expantiate on that.
Thank you.
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Quantitative analysis
6y ago#1The higher fixed cost is 40% higher than F.
40% of F is the same as 0.4F
F + 0.4F = 1.4F
You really should be used to this from Paper MA because it is relevant in lots of places in Paper MA.
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