24. CellCo wishes to liquidate its inventory of older cell phones. The phones cost $50 and sold...

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24. CellCo wishes to liquidate its inventory of older cell phones. The phones cost $50 and sold for

$120. CellCo will incur costs of $10 per phone to store them until they are sold and to advertise that they are on sale.

Calculate the minimum price per unit the company should accept.

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