Mango Systems believes that demand for its pet e-mouse follows a
linear demand equation:
Quantity = 40,313 - 781 * Price
Mango's variable cost to produce one pet e-mouse is $23.50. Find
the maximum total contribution margin (margin per unit times
quantity sold) that Mango Systems can possibly achieve on its pet
e-mouse. (Rounding: penny.)
Answer was: 154,359.68
Can someone explain how?
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