The organization of a university-approved Bachelor of Commerce Fall Break Get- Together Page 1a fixed...
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Accounting
The organization of a university-approved Bachelor of Commerce Fall Break Get- Together Page 1a fixed cost of $500 and a variable cost of $5 per attendee. Its expected attendance (A) is elastic with its ticket price (p) according to the formula Alp) = 450 - 13p. What price should be set to maximize the organizer's profit (which, of course, will be donated to charity)? Round your answer to two decimals (in $). = Your
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