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. MyAppliance+ is adding a new wine refrigerator to its appliance product mix. Launching the new wine refrigerator will require an investment of $350,000 to
. MyAppliance+ is adding a new wine refrigerator to its appliance product mix. Launching the new wine refrigerator will require an investment of $350,000 to cover the fixed costs. The selling price is $175.00 with a variable cost of $89.99. MyAppliance+ wants to make at least $80,000 of profit the first year with this new product. How many wine refrigerators does the company have to sell to reach this profit goal? (10 pts)
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