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Exercise 8-4 The editor of Sweetwater magazine is considering three alternative prices for her new monthly periodical. Her estimate of price and quantity demanded are:

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Exercise 8-4 The editor of Sweetwater magazine is considering three alternative prices for her new monthly periodical. Her estimate of price and quantity demanded are: Price $7.89 $6.95 $5.89 Quantity Demanded 24,500 31,600 36,100 Monthly costs of producing and delivering the magazine include $91,500 of fixed costs and variable costs of $2.20 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).) Profit/(loss) Price $7.89 $6.95 $5.89 - $ $ $ A A Assignment technical frame A price of $ yields the largest monthly profit. Click if you would like to Show Work for this question: Open Show Work

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