Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies suggest that the company can increase sales by 5,000 units for each $2 reduction in the selling price. The companys present selling price is $94 per unit, and variable expenses are $64 per unit. Fixed expenses are $833,400 per year. The present annual sales volume (at the $94 selling price) is 25,300 units.

1.) Maximum annual profit

2.) Number of units

3.) selling price per unit