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Ingrid is planning to expand her business by taking on a new product that costs $6.92. In order to market this new product, $1014.00 must
Ingrid is planning to expand her business by taking on a new product that costs $6.92. In order to market this new product, $1014.00 must be opent on adventising Th. suggested retail price for the product is \$12.27. Answer each of the following independent questions. (a) If a price of $14.33 is chosen, how many units does she need to sell to break even? (b) If advertising is increased to $1184.00, and the price is kept at $12.27, how many units does she need to seil to break even? (a) If a price of $14.33 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 $1184,00, and the price is kept at $12.27, the number of units she needs to sell to break even is (Round up to the nearest whole number.) A news stand sells local fashion magazines. The cost to purchase the magazines is the list price of $7,00 less a discount of 39%. Fixed costs total $198 per week. Th usual price for the magazines is the list price. Answer each of the following independent questions. (a) II the desired proft is $150, how many magazines must they sell each week? (b) If the news stand puts the magazines "on sale" at 6% off the regular selling price, how much would the profit be if they sold 305 units in a week? (a) It the desired profit is $150, they must sell (Round up to the nearest whole number.) (b) The profit earned by selling 305 magazines at a 6% discount would bes (Type an integer or a decimal.)
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