Question
Ingrid is planning to expand her business by taking on a new product that costs $7.39. In order to market this new product, $1182.00 must
Ingrid is planning to expand her business by taking on a new product that costs
$7.39.
In order to market this new product,
$1182.00
must be spent on advertising. The suggested retail price for the product is
$10.67.
Answer each of the following independent questions.
(a) | If a price of $13.67 is chosen, how many units does she need to sell to break even? |
(b) | If advertising is increased to $1514.00, and the price is kept at$10.67, how many units does she need to sell to break even? |
(a) If a price of
$13.67
is chosen, the number of units she needs to sell to break even is
nothing.
(Round up to the nearest whole number.)
(b) If advertising is increased to
$1514.00,
and the price is kept at
$10.67,
the number of units she needs to sell to break even is
nothing.
(Round up to the nearest whole number.)
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