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Mekong Company Was Making a Product for $45 and Selling

Question 125

Multiple Choice

Mekong Company was making a product for $45 and selling it for $90.A competitor began selling the same product for $75.If Mekong is to meet the competition's price, and maintain the same amount of profit per unit, what is its target cost?


A) $30
B) $45
C) $21
D) $33
E) $52

Correct Answer:

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