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Ingrid is planning to expand her business by taking on a new product that costs $8.37. In order to market this new?product, $1348.00 must be
Ingrid is planning to expand her business by taking on a new product that costs $8.37. In order to market this new?product, $1348.00 must be spent on advertising. The suggested retail price for the product is $12.36. Answer each of the following independent questions.
?(a)
If a price of ?$15.78 is?chosen, how many units does she need to sell to break?even?
?(b)
If advertising is increased to ?$1721.00?, and the price is kept at ?$12.36?, how many units does she need to sell to break?even?
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