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The BCD company produces orange juice. The analysis report showed that the annual fixed cost...

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Accounting

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The BCD company produces orange juice. The analysis report showed that the annual fixed cost is $588,238, and the annual variable cost per barrel was $28. The price of the orange juice per barrel p is related to the demand v according to the following linear equation: v = 89,369 - 1,188p Determine the optimal price for the maximum profit (calculate to 1 decimal place)

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