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The XYZ corp. sells 500 units of a product at 20 JOD per unit, which costs the company JD 15 to produce. The XYZ is
The XYZ corp. sells 500 units of a product at 20 JOD per unit, which costs the company JD 15 to produce. The XYZ is considering a new price of 21 JOD per unit, which would decrease demand to 430 units. If the company follows price oriented pricing, the average unit price is assumed to be constant regardless of demand. Calculate optimal price. (2) Select one: a. 12.0 O b. 61.3 O c. 22.0 O d. 17.1 O e. 23.3
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