Which of the following refers to a process that first determines what information marketing managers need and then gathers, sor
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The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.
Given that,
Savings desired = $1500
Monthly expenses = $600
Let money earned by her every hour be
No. of scheduled work hours
So,
Total money earned for the month
×
As we know,
Money left = Total money earned - expenses
-
...(i)
A.T.Q.
Money left must be = $1500
Then, by putting the variables in equation (i), we get
Now, solving for
_______________
∵
Thus, the required sales are $ per hour or (
×
= $2100) for the month of September.
Learn more about 'savings' here:
If there was a 100 units decrease at every price level, the new equilibrium price would be<u> $2.00.</u>
<h3>Equilibrium Price </h3>- Price where quantity demanded is equal to quantity supplied.
Reducing by 100 units, all the quantity demanded units will lead to the following new units:
- $10 - 100
- $8 - 140
- $6 - 270
- $4 - 290
- $2 - 310
We can see that at $2, both the demand and supply are at 310 units which makes this the new equilibrium.
Find out more on the equilibrium price at brainly.com/question/14203212.
