Red Grass Company produces high definition television sets. The following information is available for this product:
Fixed cost per unit $250
Variable cost per unit 750
Total cost per unit 1,000
Desired ROI per unit 300
The target selling price for this television is
a) $1,050.
b) $1,000.
c) $1,300.
d) $550.
c) $1,300
Business
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