Answer:
Revenue will increase if price of mask is increased.
Step-by-step explanation:
The current price of the mask is $1 per mask and there is expected demand of 6000 masks per week. If the company plans to increase the price the demand for the masks will decrease.
Revenue = 6000 * x
Total revenue will be $6,000 if the price of mask is $1. If price of mask increase by 10% then quantity will be declined to 5850 masks [6000 - 150].
New price = $ 1 * 110% = $1.10
Revenue = 5850 masks * $ 1.10 = $6,435.
