Question: Excel Solver - use the solver data file on BlackBoard Imagine that a business currently charge $3.00 for a bottle of mouthwash, and they sell
Excel Solver - use the solver data file on BlackBoard Imagine that a business currently charge $3.00 for a bottle of mouthwash, and they sell 6 million bottles of mouthwash. Assume that the variable cost to produce a bottle of mouthwash is $1.50 and price elasticity of demand for mouthwash is 2 and the demand curve is linear. What is the optimal price you should charge for a bottle of mouthwash? Excel Solver - use the solver data file on BlackBoard Imagine that a business currently charge $3.00 for a bottle of mouthwash, and they sell 6 million bottles of mouthwash. Assume that the variable cost to produce a bottle of mouthwash is $1.50 and price elasticity of demand for mouthwash is 2 and the demand curve is linear. What is the optimal price you should charge for a bottle of mouthwash?Excel Solver - use the solver data file on BlackBoard Imagine that a business currently charge $3.00 for a bottle of mouthwash, and they sell 6 million bottles of mouthwash. Assume that the variable cost to produce a bottle of mouthwash is $1.50 and price elasticity of demand for mouthwash is 2 and the demand curve is linear. What
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