Question 1 Marginal Profit Yaster Breakfast Supplies is planning to manufacture and market a new toaster. After conducti

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Question 1 Marginal Profit Yaster Breakfast Supplies Is Planning To Manufacture And Market A New Toaster After Conducti 1 (111.85 KiB) Viewed 47 times

Question 1 Marginal Profit Yaster Breakfast Supplies is planning to manufacture and market a new toaster. After conducting extensive market surveys, the research department provides the following estimates: • a weekly demand of 316 at a price of $14 per toaster • a weekly demand of 195 at a price of $17 per toaster The financial department estimates that weekly fixed costs will be $1,405 and variable costs (cost per unit) will be $4. Assume: • the relationship between price and demand is linear the cost function in linear 2 pts Use your models to predict the marginal profit when Yaster is producing and selling 249 toasters per week. Round to the nearest cent. $ per toaster