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Brady Inc. produced and sold 200 000 units for $50 each last year. For the upcoming year, management believes that if they decrease the price
Brady Inc. produced and sold 200 000 units for $50 each last year. For the upcoming year, management believes that if they decrease the price of each unit by 5 per cent, volume will increase 5 per cent. What are Bradys expected sales revenues for the upcoming year?
a. $10 500 000
b. $9 975 000
c. $10 000 000
d. $9 450 000
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