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Please show detailed steps, I know the correct answer is 224,000 Elite Design, Inc. sells customized handbags. Currently, they sell 30,000 handbags annually at an
Please show detailed steps, I know the correct answer is 224,000
Elite Design, Inc. sells customized handbags. Currently, they sell 30,000 handbags annually at an average price of $79 each. They are considering adding a lower-priced line of handbags which sell for $45 each. Elite Design estimates they can sell 12,000 of the lower-priced handbags but will sell 4,000 less of the higher-priced handbags by doing so. What is the amount of the sales that should be used when evaluating the addition of the lower-priced handbags? 540,000 856,000 224,000 1,234,000Step by Step Solution
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