Allowable volume loss to at least maintain profits

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Consider a wind turbine manufacturer. Currently, a 1.5 MW wind turbine has a price of $1.7M and $1.3M in variable cost. If the manufacturer considers raising the price by 3%, what would be the allowable volume loss to at least maintain profits? (Please provide your answer in percentage without including the % sign. You can add an approximate or up to 1 decimal point)

Reference no: EM132552840

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