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itssamuelu
25.07.2019 •
Mathematics
At a price of $4.00 each, ship-shape magazine sells 1.25 million copies of its magazine targeted to young women seeking a healthier lifestyle. if the price per issue is increased to $4.50 each, only 1 million copies will be sold. fixed costs are $1 million and unit variable costs are $0.50 per magazine. calculate the average revenue for ship-shape magazine at the higher price.
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