Elizabeth has bought a worm farm. She plans to sell cartons of worms for $4 each. Her fixed costs are $2,500, and her variable costs for each carton sold are $1.50. When Elizabeth's dollar sales reach_________ , she will have broken even.
A) $4000
B) $2500
C) $1562.50
D) $1820
E) $6668
Correct Answer:
Verified
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