Sales volume of the product depends on which factor

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A firm believes the sales volume (S) of its product depends on its unit selling price and can be determined from the equation P=$100-S. The cost (C) of producing the product is given by equation C=$1000+10S. The break even points are at 14 and 77 units respectively (Check!). However, profits are maximized when S is equal to what?

Reference no: EM13245437

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