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Question 39
Block Island TV currently sells large televisions for $380. It has costs of $290. A competitor is bringing a new large television for large televisions. Marketing believes that the new price will cause sales to increase by 10%, even with a new competitor in
What is the target cost if the company wants to maintain its same income level, and marketing is correct (rounded to the nearest
a. $224.00
b. $238.18
c. $230.00
d. $290.00
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