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Need to have the formulas in all of the cells instead of just typing the numbers in. thank u! 2 Spencer Electronics has just developed
Need to have the formulas in all of the cells instead of just typing the numbers in. thank u!
2 Spencer Electronics has just developed a low-end electronic calendar that it plans to sell via a cable 3 channel marketing program. A fee is charged by the cable company for selling the item, for which the 4 program willsell the calendar over six 10 -minute segments in September. The company plans to wait for all orders to come in, then it will produce exactly the number of units ordered. Production time will be less than three weeks. Spencer has provided the following cost information: les price Marsha Andersen, a product manager at Spencer, is charged with recommending a price for the item. 12 Based on her experience with similar items, focus group responses, and survey information, she has 13 estimated the number of units that can be sold at various prices: 21. Required 22. a. Calculate expected profit for each price. The fee for cable is a variable cost. b. Which price per unit maximizes company profit? Explain why Step by Step Solution
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