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Peaks is a snowboard manufacturer, and is working on a new, high-end board to sell to retail stores.These boards will have a suggested retail price
Peaks is a snowboard manufacturer, and is working on a new, high-end board to sell to retail stores.These boards will have a suggested retail price of $700. If Peaks knows that these retailers price their boards using a 50%markup on retail, and Peaks wants to be able to achieve a 60%markup on cost, what is the most that it can spend, per unit, to produce this board?
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