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The manager of Calypso, Inc. is considering raising its current price of $38.00 per unit...

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Accounting

The manager of Calypso, Inc. is considering raising its current price of $38.00 per unit by 15%. If she does so, she estimates that demand will decrease by 10% per month. Calypso currently sells 50000 units per month, each of which costs $22 in variable costs. Fixed costs are $196,000. If the manager raises the price, what will projected profit be?

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