Mary ann makes and sells toy trainswhen she sells them for, Ask an Expert

Management Studies

Mary Ann makes and sells toy trains.

When she sells them for $7 each she just covers her expenses and have no profit.

She knows that if she sells them for $25 each she would sell so few she would also have no profit.

Right now she is selling them for $10 and has a profit of $486 dollars.

What should she charge per train to maximize her profit?

What would her profit be?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91413734

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