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Knoll, Inc. currently sells 34,000 units a month for $30 each, has variable costs of...

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Accounting

Knoll, Inc. currently sells 34,000 units a month for $30 each, has variable costs of $20 per unit, and fixed costs of $155,000. Knoll is considering increasing the price of its units to $33 per unit. This will not affect costs, but demand is expected to drop 10%. Should Knoll increase the price of its product?

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