Apple (Asia) 3-month plan Production Power Mac G4 Powerbook G4 iMac iBook Revenue $3,750 $5,000 $ 2,500 $ 3,125 Production Production $ 2,625 8 $ 3,750 10 $ 1,500 7 $2,250 5 Minimum 5,000 5,000 5,000 5,000 Market 25,000 15,000 25,000 15,000 Used Hours Budget (hours) 300,000 $0 Production Cost Budget (money) $158,250,000 Revenue Production Cost Profit $0 $0 $0 The marketing department reports that for price change less than $300, every $100 drop in the price of any product increases the market demand by 3500 units and vice versa (i.e. elasticity = 35). Price and price change values should be integers! Use the Solver tool to find the optimal production levels with the given constraints. The board approved a change only in the price of Powerbook G4. a) What is the new price of Powerbook G4 in the optimal production