Finnie companys management believes that every 5 increase

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Finnie Company's management believes that every 5% increase in the selling price of one of the company's products results in a 13% decrease in the product's total unit sales. The variable production cost of this product is $23.10 per unit and the variable selling and administrative cost is $5.40 per unit.%u2028The product's profit-maximizing price according to the formula in the text is closest.

Reference no: EM13578579

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