Exercise 8-4 The editor of Greencastle magazine is considering three alternative prices for her new monthly periodical. Her estimate of price and quantity demanded are: Price Quantity Demanded $7.92 $6.99 $5.89 24,900 32,000 36,200 Monthly costs of producing and delivering the magazine include $96,900 of fixed costs and variable costs of $2.40 per issue Which price will yield the largest monthly profit? (Enter loss using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Price Profit/(loss) $7.92 $6.99 $5.89 A price of $ yields the largest monthly profit