A firm has excess capacity, and has received an order for 50000 units at $20 each over and above its

normal production activity of 600000 units. To meet this order, new equipment at a cost of $200000

would have to be bought, and this equipment would have to be scrapped after the order has been filled.

The firm currently sells for $50 per unit, has variable costs of $15.80, and fixed costs of $450000.

Assuming the firm had been aggressively seeking the business of the customer who requested the special

order. Calculate the minimum price the firm would be prepared to charge.