Question: If fixed are $80,000 and the chart above represents the demand at various prices, what price should be order to maximize profits? a. $11 b.

If fixed are $80,000 and the chart above represents the demand at various prices, what price should be order to maximize profits? a. $11 b. $10 c. $9 d. $8 A manufacturing company produces and sells 40,000 buckets. At this level of activity, variable costs total $80,000 and fixed costs total $120,000. If each bucket is said for $8, what markup percentage is the company using? a. 60% b. 160% c. 75% d. 133%

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