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Ingrid is planning to expand her business by taking on a new product that costs $7.93. In order to market this new product, $1356.00 must
Ingrid is planning to expand her business by taking on a new product that costs $7.93. In order to market this new product, $1356.00 must be spent on advertising. The suggested retail price for the product is $13.55. Answer each of the following independent questions. (a) If a price of $16.96 is chosen, how many units does she need to sell to break even? (b) If advertising is increased to $1698.00, and the price is kept at $13.55, how many units does she need to sell to break even? (a) If a price of $16.96 is chosen, the number of units she needs to sell to break even is (Round up to the nearest whole number.) (b) If advertising is increased to $1698.00, and the price is kept at $13.55, the number of units she needs to sell to break even is (Round up to the nearest whole number.)
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