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Suppose that from survey information, Gavin and Finn estimate that 11.55% of those who use smokers and are aware of their product will buy


 

Suppose that from survey information, Gavin and Finn estimate that 11.55% of those who use smokers and are aware of their product will buy at the $70 price point. What is the minimum number of people who use smokers that would need to be aware of their product so that their profit, using the labor- intensive production method ($650 for equipment and $12.75 per unit), is at least $291,703?

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