What price should you charge for the magazine

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Reference no: EM131380246

You want to determine the correct price for a new weekly magazine. The variable cost of printing and distributing a copy of the magazine is $0.50. You are thinking of charging from $0.50 through $1.30 per copy. The estimated weekly sales of the magazine are shown in the following table. What price should you charge for the magazine.

Price	Demand (in Millions)
$0.50	2
$0.90	1.2
$1.30	.3

Reference no: EM131380246

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