An agribusiness firm is trying assess its chances for success in a new market Market research has es

An agribusiness firm is trying assess its chances for success in a new market Market research has estimated they will sell 10,000 bags of the product when the price is $50 per bag The average variable cost is $30 per bag The plant needed to service this market will require an investment of $150,000 Using the information given above, determine the minimum annual dollar sales needed to make a 10 percent profit in this marketUsing the information given above, determine the minimum annual dollar sales needed to make a 10 percent profit in this market