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Ankush Pandit manufactures and sells high quality dental chairs in India. Each chair has a variable cost of Rs. 55,700 and the overall fixed costs
Ankush Pandit manufactures and sells high quality dental chairs in India. Each chair has a variable cost of Rs. 55,700 and the overall fixed costs per month are Rs. 8,890,000. Last year, Ankush Pandit sold 391 chairs in November at a price of Rs. 92,900 and 522 chairs in December at the lower price of Rs. 80,100. There is little seasonality in the business.
What is the Maximum Willing to Buy (MWB) if demand is linear?
CALCULATED VARIABLES:
slope = -0.0102
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