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JulsSmile [24]
3 years ago
6

Would you recommend that Apple raise or lower its price for the iWatch to increase​ revenue?

Business
1 answer:
melisa1 [442]3 years ago
6 0

I would recommend it lower its price.

Explanation:

iWatch is not a product a lot of people wish for and it doesn't compliment the life of users enough to be expensive to buy. When it is expensive sales will reduce which would make sales revenue reduce but if the price is low a lot of people will patronize the product thus increase revenue.

#learnwithbrainly

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Your task is to take this <em>supply schedule</em> and construct a graphical representation of the data. In doing so, you determine that as the price of soup rises, the quantity of soup supplied increases. This confirms the <em>law of supply.</em>

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We draw <u>the supply curve</u> being X-axis the quantity and Y-axis the Price.

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Suppose the world supply curve is p equals 20 plus 0.02 Upper Q Subscript font size increased by 1 s​, and the demand curve of o
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