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The Molar Express Company manufactures motorized hollday toy trains to be used in dentisis' offices. The company is considering which price to sell the toy
The Molar Express Company manufactures motorized hollday toy trains to be used in dentisis' offices. The company is considering which price to sell the toy trains for. Following are estimates for quantities demanded at different alternative prices: Fixed costs are $20,000, and variable costs are $40 per unit. The profit of Molar Express when the company chooses the profit-maximizing price will be: Multiple Choice 430.000 460,000
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