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Cherokee company sells a single product that has a variable costs of $10

Economics

Cherokee company sells a single product that has a variable costs of $10.00 / unit fixed costs will be $700,000 across all of the levels of sales shown

units sold price per unit
80,000 $35.00
90,000 $33.00
100,000 $31.00
110,000 $30.00
120,000 $28.00

 

What price would Cherokee charge to maximize revenues?

Option 1

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2.88 USD

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Option 2

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