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At present, the company is selling 17,000 stoves per month. The sales manager is convinced that a 10% reduction in the selling price would result
At present, the company is selling 17,000 stoves per month. The sales manager is convinced that a 10% reduction in the selling price would result in a 25% increase in monthly sales of stoves. How many stoves would have to be sold at the new selling price to yield a minimum net operating income of $77,000 per month
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