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Jeep Corporation has a current selling price of $55 per unit. The manager of Jeep Corp. is considering raising its current price by 15%. If

Jeep Corporation has a current selling price of $55 per unit. The manager of Jeep Corp. is considering raising its current price by 15%. If she does so, she estimates that demand will decrease by 30,000 units per month. Jeep currently sells 100,000 units per month, each of which costs $29 in variable costs. Fixed costs are $1,050,000.

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Jeep Corporation has a current selling price of $55 per unit. The manager of Jeep Corp. is considering raising its current price by 15%. If she does so, she estimates that demand will decrease by 30,000 units per month. Jeep currently sells 100,000 units per month, each of which costs $29 in variable costs. Fixed costs are $1,050,000. a. What is the current profit? Current Profit b. What is the current break-even point in units? (Round final answers to the nearest whole dollars.) Break-Even Point units c. If the manager raises the price, what will profit be? Target Profit d. If the manager raises the price, what will be the new break-even point in units? (Round final answers to the nearest whole dollars.) Break-Even Point units e. Assume the manager does not know how much demand will drop if the price increases. By how much would demand have to drop before the manager would not want to implement the price increase? (Round final answers to the nearest whole dollars.) Number of Units

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