Currently, you sell 40,000 units of a product for $45 each. The unit variable cost of producing
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Currently, you sell 40,000 units of a product for $45 each. The unit variable cost of producing the product is $5. You are thinking of cutting the product price by 30 percent. You are sure this will increase sales by 10 percent to 50 percent. Perform a sensitivity analysis to show how profit will change as a function of the percentage increase in sales. Ignore fixed costs.
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Related Book For
Microsoft Excel Data Analysis And Business Modeling
ISBN: 9780137613663
7th Edition
Authors: Wayne Winston
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