RPM manufactures racks for CDs. Costs are $13.90 per rack. A wholesaler buys CD racks from RPM
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Question:
RPM manufactures racks for CDs. Costs are $13.90 per rack. A wholesaler buys CD racks from RPM at $24.80 each, then sells them at $36.30 to retailers. The retailer sells the racks for $45.60 each to consumers. If the wholesaler decides to drop their price to the retailer by $5/unit and the retailer maintains the same margin % calculated in the previous question, what will be the price to the end customer for the CD rack now?
How much $ in dollars?
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