Question: * NIKE SPORT is considering introducing a .5 student backpack called the bag. The company is planning to invest $2,000,000 in this venture. According to

* NIKE SPORT is considering introducing a .5 student backpack called the "bag." The company is planning to invest $2,000,000 in this venture. According to market analysis, it appears that the company will be able to sell 350,000 units if they price each bag at $27 "the selling price". Additionally, the company aims to .achieve a 35 percent return on the investment The target cost per unit is (2 ) 20.875 O 25 26.93876 O 27 O

NIKE SPORT is considering introducing a .5 student backpack called the "bag." The company is planning to invest $2,000,000 in this venture. According to market analysis, it appears that the company will be able to sell * 350,000 units if they price each bag at $27 "the selling price". Additionally, the company aims to .achieve a 35 percent return on the investment The target cost per unit is (2) 20.875 25 26.93876 27

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