What should she charge per train to maximize her profit

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Reference no: EM13843932

Mary Ann makes and sells toy trains.

When she sells them for $7 each she just covers her expenses and have no profit.

She knows that if she sells them for $25 each she would sell so few she would also have no profit.

Right now she is selling them for $10 and has a profit of $486 dollars.

What should she charge per train to maximize her profit?

What would her profit be?

Reference no: EM13843932

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