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Company H has developed a new product and the directors are trying to forecast the revenue and costs for the next four years Part (a)
Company H has developed a new product and the directors are trying to forecast the revenue and costs for the next four years Part (a) The directors have hired a market research company to forecast the potential sales volumes for each year. The market research firm has advise Company H on an appropriate selling price for the product. They have also indicated how much the selling price could be increased by each year. However, they have indicated that sales volume for each year will depend on economic conditions. Using this information provided, please calculate the following: - The selling price per unit for each of the four years - The expected value of the sales volumes for each of the four years - The total revenue for each of the four years Part (a)
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