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CG produces chocolate cakes for another customer, Sweety Limited. Market research indicates that there will be no demand for cakes if a selling price of

CG produces chocolate cakes for another customer, Sweety Limited. Market research indicates that there will be no demand for cakes if a selling price of 30 is charged. It has also been ascertained that 500 cakes can be sold at a price of 20. The variable cost for the manufacture of a cake is 10. The answer is 15, please calculate in optimal pricing

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