Ingrid is planning to expand her business by taking on a new product that costs $6.57. In order to market this new prod
Posted: Thu Jul 07, 2022 2:20 pm
Ingrid is planning to expand her business by taking on a newproduct that costs $6.57. In order to market this new product,$1427.00 must be spent on advertising. The suggested retail pricefor the product is $11.45. Answer each of the following independentquestions.
(a) If a price of $12.88 is chosen, how many units does sheneed to sell to break even?
(b) If advertising is increased to $1605.00, and the price iskept at $11.45, how many units does she need to sell to breakeven?
(a) If a price of $12.88 is chosen, how many units does sheneed to sell to break even?
(b) If advertising is increased to $1605.00, and the price iskept at $11.45, how many units does she need to sell to breakeven?