The variable production cost of this product is 2520 per

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Reference no: EM13392188

The management of Volare Company expects that every 9% increase in the selling price of one of the company's products will result in a 10% decrease in total unit sales of that product. The variable production cost of this product is $25.20 per unit and the variable selling and administrative cost is $9.80 per unit. The product's profit-maximizing price, according to the formula in the text, is closest to:

A) $208.40

B) $192.94

C) $41.66

D) $5.49

Reference no: EM13392188

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