Question
For a certain product, Maximum Willingness to Buy is 11,233 units, while Maximum Reservation Price is $48.31. Variable cost to manufacture this product is $26.82
For a certain product, Maximum Willingness to Buy is 11,233 units, while Maximum Reservation Price is $48.31. Variable cost to manufacture this product is $26.82 per unit. Calculate optimal price for this product. Rounding: penny.
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Cost Management A Strategic Emphasis
Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins
7th edition
77733770, 978-0077733773
