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A manufacturer produces and sells two products, A and B . The unit variable cost is sh . 1 2 and sh . 8 for

A manufacturer produces and sells two products, A and B. The unit variable cost is sh.12 and sh.8 for A and B respectively. A review of selling prices is in progress and it has been estimated that, for each product and increase in the selling price would result in a fall in demand of Sh.500 units per every Sh.1 increase in price and similarly a decrease of Sh.1 in price would result in an increase in demand of 500 units.
The current sales prices and sales demand are:-
Price (Sh.) Demand (Units)
A 3015,000
B 5821,000
Required:
Calculate the profit-maximizing price for reach product.

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