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in excel only. 3. Cimarron's best-selling product sells for $85 and, although it currently produces 750,000 of these each year, it has capacity to produce

in excel only. 3. Cimarron's best-selling product sells for $85 and, although it currently produces 750,000 of these each year, it has capacity to produce 100,000 more. Its research determines that its price is 1.50x elastic in a reasonable range around its current price. At what price will it come closest to absorbing this excess capacity? Please solve in excel only

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