Progressive Products makes coolers that sell for $250 each; the fixed production costs are $30,000 when 1,000 or fewer coolers are produced; and variable production costs are $200 per cooler. To the nearest dollar, what is the Progressive's current operating breakeven point?
A. $30,000
B. $16,667
C. $150,000
D. $37,500
E. $200,000
Answer: C
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