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The Weibracht Corporation designs and manufactures custom beer steins for some of the numerous brew pubs in western North Carolina. Each stein costs Weibracht $8

The Weibracht Corporation designs and manufactures custom beer steins for some of the numerous brew pubs in western North Carolina. Each stein costs Weibracht $8 to produce. The brew pubs purchase the steins from Weibracht for resale to their customers and require a 51% margin. Weibrachts marketing director has conducted a regression analysis using historical data, resulting in the following regression line:

q = -12 * p + 326, where q = slope * retail price + MWB

What is the profit maximizing price that Weibracht should charge the brew pubs for these custom steins?

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