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Incorrect Question 4 0/ 1 pts A firm was selling 100 units of product at $1 each. Its total cost of production (for the entire
Incorrect Question 4 0/ 1 pts A firm was selling 100 units of product at $1 each. Its total cost of production (for the entire 100 units) was $80. After offering a 20% price discount, its sales volume increased by 25%. What is the net profit (in $) after the price cut? Assume the unit cost of production remains the same before and after price cuts. $25 $45 $0 $20
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