Multiple Choice
Slick Shades has a constant marginal cost of production equal to $80 and the distributors have a constant marginal cost of distribution equal to $30. If Slick Shades is producing the profit- maximizing number of sunglasses (in hundreds) and charging the profit- maximizing wholesale price, what is the retail price?
A) $160
B) $180
C) $170
D) $200
Correct Answer:
Verified
Correct Answer:
Verified
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