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Actual subject is marketing metrics !!! Mango Systems believes that demand for its pet e-mouse follows a linear demand equation: Quantity = 40,490 - 724
Actual subject is marketing metrics !!!
Mango Systems believes that demand for its pet e-mouse follows a linear demand equation:Quantity = 40,490 - 724 * Price
Mango's variable cost to produce one pet e-mouse is $23.50. Find the maximum total contribution margin (margin per unit times quantity sold) that Mango Systems can possibly achieve on its pet e-mouse. (Rounding: penny.)
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