Question: Greg's Banana's (GB) has assessed it variable cost per unit at $1.50 GBs fixed cost is estimated to be $500,000 GBs estimated demand is 2,000,000

Greg's Banana's (GB) has assessed it variable cost per unit at $1.50

GBs fixed cost is estimated to be $500,000

GBs estimated demand is 2,000,000 units

GBs desired margin is 50%

What price should LY charge its customers?

If GB's overestimated demand (e.g., actual demand) was only 1,750,000 units, what price should they charge?

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