A company that manufactures automatic blowdown control valves (for applications where boilers are operated unsupervised for 24 to 36 hours) has fixed cost of P156053 per year and variable cost of P361 per valve. If the company expects to sell 12872 valves per year, then the selling price in order for the company to make a profit of P373367 per year is Round your answer to 2 decimal places.
A company that manufactures automatic blowdown control valves (for applications where boilers are operated unsupervised for 24 to 36 hours) has fixed cost of P156053 per year and variable cost of P361 per valve. If the company expects to sell 12872 valves per year, then the selling price in order for the company to make a profit of P373367 per year is Round your answer to 2 decimal places.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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