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A company that manufactures many products has developed a new product that has a VTC of $ 4 5 . The manufacturer s material costs

A company that manufactures many products has developed a new product that has a VTC of $45. The manufacturers material costs for producing the new product are $15 per unit and the manufacturers labour costs for producing the new product are $8 per unit. The manufacturers fixed costs are $500,000. Given the bounds of the typical price described in the course material, and given that this pricing decision is being made under typical circumstances, which of the following prices for this new product should the manufacturer consider?
$54
$49
$36
$7

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