Management Accounting

Maximum demand for a company's product M is 100000 units per annum. The demand will be reduced by 40 units for every increase of N$I in the selling price. The company has determined that the profit is maximised at a sales volume of 42000 units per annum. What is the profit maximising selling price for product M ? Maximum demand for a company's product M is 100000 units per annum. The demand will be reduced by 40 units for every increase of N$I in the selling price. The company has determined that the profit is maximised at a sales volume of 42000 units per annum. What is the profit maximising selling price for product M