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Production & demand statistics: price=$4,000 & Qty=9,000; price=$3,500 & Qty=12,000; price=$3,000 & Qty=15,000. Variable cost per unit=$1,500. Which price maximizes profits? a- 3000 b- 3500

Production & demand statistics: price=$4,000 & Qty=9,000; price=$3,500 & Qty=12,000; price=$3,000 & Qty=15,000. Variable cost per unit=$1,500.

Which price maximizes profits?

a- 3000

b- 3500

c- 4000

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