Gorry company's management has found that every 6% increase in the selling price of one of the company's products leads to a 10% decrease in the product's total unit sales. the product's absorption costing unit product cost is $12. the variable production cost of the product is $3 per unit and the variable selling and administrative cost is $5.50 per unit.

according to the formula in the text, the product's profit-maximizing price is closest to

Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.