Question

Mae's country kitchen sells out of her cinnamon rolls every morning before 8:30

a.m., and her later customers ask her to make more. the next day, mae makes an additional two dozen cinnamon rolls and raises the price of an individual cinnamon roll by 50¢. she sells all but one of them. mae has found the ________ price of her cinnamon rolls.

Answer 1

The answer in the space provided is market price. A market price is being defined as having to set a particular price in a certain thing that are going to be sold and be brought in the field of business or marketing in which Mae has found out after selling her cinnamon rolls.