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You decide to implement a price rebate of $50 per bike sold. Your mountain bike sells at retail for $1,275. Your projected demand for the

You decide to implement a price rebate of $50 per bike sold. Your mountain bike sells at retail for $1,275. Your projected demand for the quarter is 800 bikes. What is the total revenue you would estimate if your demand is met?

A. $1,000,000

B. $980,000

C. $1,020,000

D. $875,000

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