Use the figure to answer the following question(s) .
Figure 10-3 
-What price should a competitive price searcher firm with the cost and demand conditions depicted in Figure 10-3 charge if it wants to maximize its profit?
Definitions:
Hardcover Books
Books characterized by rigid covers and spine, typically designed for durability and long-term use.
Profits
The financial gain made in a transaction or operation, calculated as the difference between revenue and expenses.
Price Discrimination
A pricing strategy where a seller charges different prices for the same product or service to different customers, based on factors like willingness to pay, market segment, or purchase volume.
Higher Profits
An increase in the difference between a company's revenues and its expenses.
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