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The Pampered Pooch sells high-end pet furniture, specializing in small breed dogs. The most popular item is the memory foam dog bed, with the following
The Pampered Pooch sells high-end pet furniture, specializing in small breed dogs. The most popular item is the memory foam dog bed, with the following demand curve: Q = 19,200 230(P). While expensive, the bed comes with a washable cover and free shipping. Variable costs run at $40. At what quantity sold will total contribution margin be maximized?
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