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1.Use the Excel document to calculate the following information.Similar to the homework assignment, only enter the information into the yellow cells (D6:H7) and the formulas

1.Use the Excel document to calculate the following information.Similar to the homework assignment, only enter the information into the yellow cells (D6:H7) and the formulas will update.Note how the numbers in the financial model change as you as change the price/demand.Enter the information to help you maximize the firms total margin.(10 points)

What is the ideal price point (and associated demand from the table) to maximize total margin for the firm?

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