The editor of Marx magazine is considering three alternative prices for her new monthly periodical. Her estimate of price and quantity demanded are: Price $7.94 $6.95 $5.93 Quantity Demanded 24,700 31,800 36,700 Monthly costs of producing and delivering the magazine include $94,600 of fixed costs and variable costs of $2.40 per issue. Which price will yield the largest monthly profit? (Enter loss using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) Price Profit/(loss) $7.94 $ $6.95 $ $5.93 $ A price of $ yields the largest monthly profit