Below is a company's first two quarter's sales for their T-shirt and Jeans. The company...
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Accounting
Below is a company's first two quarter's sales for their T-shirt and Jeans. The company decided to raise prices between the first and second quarter of the year. Below is the company's costs associated with both the T-shirts and Jeans. 1. What price should we sell the T-shirt and jeans in order to maximize revenue? What will be the corresponding demand for the maximum price? Justify your answers with all supporting work. 2. What is an approximate cost curve for each product? How much product must be bought to minimize the cost for each? Approximately how often will the products be ordered? What is the cost. per item

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