Question
Assume the following demand curve: Q = 50,400 1,200(P). Variable costs are estimated to be $25.82. Calculate total contribution margin at the optimal price. Round
Assume the following demand curve: Q = 50,400 1,200(P). Variable costs are estimated to be $25.82. Calculate total contribution margin at the optimal price. Round your answer to the nearest dollar.
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Case Studies In Finance
Authors: Robert Bruner, Kenneth Eades, Michael Schill
6th Edition
0073382450, 978-0073382456
