1. Given the following information in the table for four products, find the profit- maximizing price for each product. Lowest Price Mediu m Price High Price Low Price Demand Medium Price Demand High Price Demand Unit Cost $1.40 $2.20 $3.00 100 40 5 $1.10 Product Product 1 Product 2 Product 3 $2.20 $3.00 $4.00 200 130 25 $1.50 $45.00 $75.00 $95.00 400 300 130 $40.00 Product 4 $120.0 0 $200.00 $250.00 $300.00 600 300 50