Question

Felix’s feed mill sells chicken feed for $8.00 per bag. this price is no longer high enough to create a profit. felix decides to raise the price. he is considering four different plans.

Answer 1

First, is to raise the price to earn profit. Second, is to maintain the price to maintain the number of buyers. Third, is  to maintain the price but to lessen the chicken feed inside a bag. Fourth, to tell the customers first that you will raise the price of your product.