Bob's company sells one product with a variable cost of $5 per unit. The company is unsure what price to charge in order to maximize profits. The price charged will also affect the demand. If fixed costs are $100000 and the following chart represents the demand at various prices, what price should be charged in order to maximize profits?

Units Sold________Price

30000___________$10

40000___________$9

50000___________$8

60000___________$7

$10

$9

$8

$7