Market for firms goods is big enough to sell enough units

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Nordyne inc.'s marketing sales director doesn't think that the market for the firm's goods is big enough to sell enough units to make the company's target operating profit of $20,000,000. in fact, she believes that the firm will be able to sell only about 200,000 units. however, she also thinks the demand for nordyne inc.'s product is relatively inelastic, so the firm can increase the sale price. assuming that the firm can sell 200,000 units, what price must it set to meet the cfo's ebit goal of $20,000,000

Reference no: EM13919598

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