The Crosby Company sells one product with a variable cost of $4 per unit. The company is unsure what price to charge in order to maximize profits. The price charged will also affect the demand. If fixed costs are $100,000 and the following chart represents the demand at various prices, what price should be charged in order to maximize profits? Units Sold Price 20,000 $9 30,000 $8 40,000 $7 50,000 $6 Answer $9 $8 $7 $6