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Question 4 of 8 - /20 View Policies Current Attempt in Progress The editor of Steering magazine is considering three alternative prices for her new
Question 4 of 8 - /20 View Policies Current Attempt in Progress The editor of Steering magazine is considering three alternative prices for her new monthly periodical. Her estimate of price and quantity demanded are: Price Quantity Demanded $7.86 24,400 $6.95 31,300 $5.88 36,700 Monthly costs of producing and delivering the magazine include $ 95,300 of fixed costs and variable costs of $ 2.10 per issue. Which price will yield the largest monthly profit? (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Price Profit/(loss) $7.86 $6.95 LA $ 5.88 A price of $ yields the largest monthly profit. Save for Later Attempts: 0 of 1 used Submit
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