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Rusty Company is considering developing a new product. The company has gathered the following information on this product: Expected total unit cost....................................$20 Estimated investment for

Rusty Company is considering developing a new product. The company has gathered the following information on this product: Expected total unit cost....................................$20 Estimated investment for new product.............$700,000 Desired ROI......................................................5% Expected number of units to be produced & sold...1,000 The desired selling price is a $15. b $50. c $55. d $35

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