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

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Accounting

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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 308 at a price of $14 per toaster - a weekly demand of 209 at a price of $18 per toaster The financial department estimates that weekly fixed costs will be $1,448 and variable costs (cost per unit) will be $4. Assume: - the relationship between price and demand is linear - the cost function in linear Use your models to predict the marginal profit when Yaster is producing and selling 264 toasters per week. Round to the nearest cent. $ per toaster

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