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[See Solution] Empire Electronics plans to manufacture a line of basic panini sandwich makers. The projected monthly fixed cost is $1800, with variable

Question: Empire Electronics plans to manufacture a line of basic panini sandwich makers. The projected monthly fixed cost is $1800, with variable costs estimated at $20 per unit. Market research indicates that 120 units can readily be sold monthly. If this quantity is set as the break-even point, what would be the corresponding suggested retail price for these basic panini sandwich makers? Explain or justify your answer.

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