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Steve (previously the meth dealer) is now considering importing commercial grade espresso maker to sell to restaurants in Indiana and surrounding areas. The specific product

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Steve (previously the meth dealer) is now considering importing commercial grade espresso maker to sell to restaurants in Indiana and surrounding areas. The specific product that interests him is from a Russian firm that uses an innovated milk storage system. Steve believes that he can sell 50 of these machines per year at a $4,000/unit price. The variable cost to sell each machine is estimated at $500 (for gas, lodging, and schmoozing with potential clients). In order to deal with this Russian firm, Steve will be (invest) $50,000 with a nice man in Moscow who will "make the deal happen." Assuming that Steve require a 50% return on this risky investment, what is the maximum price that he should pay for each espresso maker

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