Afew questions in this problem set are based on the comments made by james love to congress regarding antitrust policy and the petroleum industry. these are found at the end of the module on antitrust policy. try to read the entire article carefully and then see if you can answer the questions (rather than fishing out the answer each time). obviously you will go back and check to make sure you have it correct but to absorb the content it is best read it all first before going back. what is it about the petroleum industry that simultaneoulsy prevents entry and fosters joint ventures and other collaberations

Mauro products distributes a single product, a woven basket whose selling price is $15 and whose variable expense is $12 per unit. the company’s monthly fixed expense is $4,200. required: 1. solve for the company’s break-even point in unit sales using the equation method. 2. solve for the company’s break-even point in dollar sales using the equation method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.) 3. solve for the company’s break-even point in unit sales using the formula method. 4. solve for the company’s break-even point in dollar sales using the formula method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.)