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Rosetone Retail sells one product with a variable cost of $3.50 per unit. The demand at different prices to be charged is shown below: Units
Rosetone Retail sells one product with a variable cost of $3.50 per unit. The demand at different prices to be charged is shown below:
Units Demanded Unit Price 10,000 $9
15,000 $8
20,000 $7
25,000 $6
If fixed costs are $42,000, what price should Rosetone charge in order to maximize profits? Select one:
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