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Ingham Corporation recently changed the selling price of one of its products. Data concerning sales for...

Ingham Corporation recently changed the selling price of one of its products. Data concerning sales for comparable periods before and after the price change are presented below. Selling Price Unit Sales $68.60 2,200 $62.00 2,870 The product's variable cost is $12.40 per unit. According to the formula in the text, the product's profit-maximizing price is closest to: (Do not round the intermediate calculations.) Noreen rechecks 2017-04-04 17.02 20.02 16.52 4.62

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