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12 Knoll, Inc. currently sells 43,000 units a month for $21 each, has variable costs of $16 per unit, and fixed costs of $106,000. Knoll
12 Knoll, Inc. currently sells 43,000 units a month for $21 each, has variable costs of $16 per unit, and fixed costs of $106,000. Knoll is considering increasing the price of its units to $24 per unit. This will not affect costs, but demand is expected to drop 10%. Should Knoll increase the price of its product? Multiple Choice Yes, profit will increase $109,000 No, profit will decrease $94,600 No profit will decrease $109.000. Yes, profit will increase $94,600 MC
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