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testor paints sells varnish with a variable cost of $6.50 per gallon. the company is unsure which price to charge 42. Testor Paints sells varnish

testor paints sells varnish with a variable cost of $6.50 per gallon. the company is unsure which price to charge
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42. Testor Paints sells varnish with a variable cost of $6.50 per gallon. The company is unsure which price to charge in order to maximize profits. The price charged will also affect the demand. Gallons Demanded 20,000 30,000 40,000 50,000 Unit Price Per Gallon $11 $10 $9 $8 If fixed costs are $80,000 and the chart above represents the demand at various prices, what price should be charged in order to maximize profits? A) $10 B) $8 C) $9 D) $11

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