Question: 2. Rusty Company is considering developing a new product. The company has gathered the following information on this product: Expected total unit cost $20 Estimated
2. Rusty Company is considering developing a new product. The company has gathered the following information on this product: Expected total unit cost $20 Estimated investment for new product $700,000 Desired ROI 5% Expected number of units to be produced and sold 1,000 The desired selling price given this information is: A) $35. C) $15 B) $50. D) $55
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