P7-4) A shoe manufacturer has made an investment of 200 000 TLfor various shoe
making equipment. He plans to make 10 pairs of shoes every dayfor 6 days of
the week. The leather, energy and other material for makingshoes cost 750
TL/day and two workers help him to make shoes. Workers earn 100TL/day. He
pays 2000 TL/month rent for his workshop. Take i = 10% and n =20 years.
Suggest a price for one pair of shoes.
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