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A felt-tip pen manufacturer is forecasted to sell 30500 pens next month. Their fixed costs are $26200 per month and variable costs are $0.30 per

A felt-tip pen manufacturer is forecasted to sell 30500 pens next month. Their fixed costs are $26200 per month and variable costs are $0.30 per pen. Management wants to generate $15500 in profits next month. Assuming that the demand is met, what must the selling price be?

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