Answer:
It is more profitable to maintain the price at $10
Explanation:
Giving the following information:
The souvenir sheets cost the postal service $1.15 each. St. Vincent has been selling these souvenir sheets for $10.00 each and ordinarily sells about 61,000 units. To test the market, the postal service recently priced a new souvenir sheet at $11.00 and sales dropped to 51,000 units.
We need to calculate the actual revenue and decide whether it is more convenient to increase the price or leave it as it is.
Actual revenue= 61,000 units* (10 - 1.15)= $539,850
New revenue= 51,000 units*(11 - 1.15)= $502,350
It is more profitable to maintain the price at $10
Answer:
2,558,000 bottles
Explanation:
The formula for computation of the purchase is:
Purchase in units = Usage + Desired ending material inventory units − Beginning inventory units.
In format that will be:
Beginning inventory 54,000
Plus: Purchases.........2,558,000
Less:ending inventory <u>77,000</u>
Required For Use......<u>2,535,000</u>
Hence the number of bottles to be purchased in 2018 is 2,558,000
Answer:
The modern Coast Guard was formed by a merger of the U.S. Revenue Cutter Service and the U.S. life-saving on 28 january 1915
Answer:
It's A.
Explanation:
Can i please have brainlest.
Answer:
the freedom for individuals to choose businesses, the right to private property, profits as an incentive, competition, and consumer sovereignty.
Explanation:
