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Lorenzen Inc. was making a product for $72 and selling it for $93. A competitor recently began selling the same product for $82. If Lorenzen
Lorenzen Inc. was making a product for $72 and selling it for $93. A competitor recently began selling the same product for $82. If Lorenzen Inc. wants to meet the competitor's price and maintain the same amount of profit or income per unit, what would be the target cost? $61.00 $59.50 $63.00 None of these options is correct
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