A drugstore is trying to determine what price to charge for a candy bar. The drugstore pays
Question:
A drugstore is trying to determine what price to charge for a candy bar. The drugstore pays 60 cents for each candy bar and is considering charging between $1 and $2 for a candy bar. The estimated weekly demand for three prices is given in the following table. What price should the store charge for a candy bar?
Transcribed Image Text:
Price $1.00 $1.50 $2.00 Demand 88 72 40
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Related Book For
Microsoft Excel Data Analysis And Business Modeling
ISBN: 9780137613663
7th Edition
Authors: Wayne Winston
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