Option 1. $15.10
Explanation:
Here, the profit margin would be 4% of the ATC = 4% of $14.50 = $14.50 * 4/100 = $58/100 = $0.58
So, the price should be = ATC + profit margin = $14.50 + $0.58 = $15.08 = $15.10 approx
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