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Kiran's Kandles sells a lavender-scented relaxation cancle. Kiran's makes this candle for a variable cost of 15.91 per unit. Demand for this candle follows the
Kiran's Kandles sells a lavender-scented relaxation cancle. Kiran's makes this candle for a variable cost of 15.91 per unit. Demand for this candle follows the linear demand equation. Quantity = 52,890 - 1,602 * Price
What selling price should Kiran's change to max total contribution on this candle? (Rounding: penny)
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