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Question 4 Class Ltd is a newly organized manufacturing business that plans to manufacture and sell 5 0 , 0 0 0 units per year

Question 4
Class Ltd is a newly organized manufacturing business that plans to manufacture and sell
50,000 units per year of a new product. The following estimates have been provided:
The marketing manager believes that the selling price of the new product should be no
higher than $80 a unit. Is this a suitable selling price? Explain your answer with supporting
calculations
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