Multiple Choice
Jester Company was making a product for $70 and selling it for $90.A competitor began selling the same product for $78.Suppose Jester wants to meet the competition's price and maintain the same amount of profit per unit.What would be the target cost?
A) $18
B) $38
C) $48
D) $58
Correct Answer:
Verified
Correct Answer:
Verified
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