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Block Island TV currently sells large televisions for $390. It has costs of $310. A competitor is bringing a new large t Management believes it

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Block Island TV currently sells large televisions for $390. It has costs of $310. A competitor is bringing a new large t Management believes it must lower the price to $340 to compete in the market for large televisions. Marketing believes that the new price will cause sales to increase by 20%, even with a new competitor in the market. Block Island TV sales are currently 1 10.000 televisions per year. elevision to market that will sell for $340 What is the target cost ifthe company wants to maintain its same income level, and marketing is correct (rounded to the nearest cent)? 0 O A. $310.00 . S26000 O c. $27333 O D. $255 00

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