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The editor of Steering magazine is considering three alternative prices for her new monthly periodical. Her estimate of price and quantity demanded are: Monthly costs
The editor of Steering magazine is considering three alternative prices for her new monthly periodical. Her estimate of price and quantity demanded are: Monthly costs of producing and delivering the magazine include $95,300 of fixed costs and variable costs of $2.10 per issue. Which price will yield the largest monthly profit? (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) A price of \$ yields the largest monthly profit
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