Question: a. Calculate the possible price/quantity combinations within the relevant range of production and the permissible pricing range and determine the optimum level of sales that

a. Calculate the possible price/quantity combinations within the relevant range of production and the permissible pricing range and determine the optimum level of sales that will maximize profitability.
b. What will be Webster’s net profit for that optimum price/quantity combination?
c. What is the number of units that must be sold, at the optimum selling price to achieve Webster’s target profit of £3.5 million?

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