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A firm's marketing department has estimated the demand curve of a product as y = 1100 7x, where y represents demand and x represents the

A firm's marketing department has estimated the demand curve of a product as y = 1100 7x, where y represents demand and x represents the unit selling price (in dollars) for the relevant decision period. The unit cost is known to be $24. What price maximizes net income from sales of the product?

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