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Jackson Company is trying to determine the optimal price to charge for its PUNCH model. Jackson has fixed costs of $50,000 and the PUNCH has

Jackson Company is trying to determine the optimal price to charge for its PUNCH model. Jackson has fixed costs of $50,000 and the PUNCH has variable costs of $12.00 per unit. Jackson has determined that the following relationships exist between price and demand:

Price Demand
$20 6,875
$19 8,800
$18 10,000
$17 11,000

What is the anticipated revenue for a price of $19?

$167,200
$137,500
$350,000
$155,000

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