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Your company is evaluating a switch from a cash - only policy to a net 3 0 policy. This means instead of requiring all customers

Your company is evaluating a switch from a cash-only policy to a net 30 policy. This means instead of requiring all customers to pay cash at the time of sale, all customers are now extended credit - at zero interest - by the store and must pay their bill within 30 days. The expected benefit from this new policy is a 10% increase in monthly sales.
Specifically, let the price per unit be denoted as P and the variable cost per unit as V. The company currently sells 1,000 units per month. Under the proposed policy the company will sell 1,100 units per month. The required monthly return is 2%. What range of P (as a function of V), would make the company adopt the proposed policy?

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