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Savannah owns a company called Savannah Designs, which makes bracelets with semiprecious stones and sells them at a local market. Savannah currently sells her bracelets

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Savannah owns a company called Savannah Designs, which makes bracelets with semiprecious stones and sells them at a local market. Savannah currently sells her bracelets for $175 each. Her variable costs per bracelet are the metal and stones (approximately $80 per bracelet) and packaging ($5 per bracelet). She has total annual fixed costs of $9.000, comprised of $8,500 for space at the market and $500 depreciation on display cases and signage. If Savannah's best guess is that she will sell 1,000 bracelets in the current year, what is her expected profit for the year? $81.000 $90,000 $175,000 $126.400 Savannah owns a company called Savannah Designs, which makes bracelets with semiprecious stones and sells them at a local market. Savannah currently sells her bracelets for $175 each and expects to sell 1,000 bracelets per year at this price. Her variable costs per bracelet are the metal and stones (approximately $80 per bracelet) and packaging ($5 per bracelet). She has total annual fixed costs of $9,000. comprised of $8.500 for space at the market and $500 depreciation on display cases and signage. Savannah estimates that it she reduces her selling price by 20%, she will sell 30% more bracelets. What is Savannah Designs' expected profit if she reduces her selling price by 20%? $108,000 $62,500 $46,000 $71.500 Savannah owns a company called Savannah Designs, which makes bracelets with semiprecious stones and sells them at a local market. Savannah currently sells her bracelets for $175 each and expects to sell 1.000 bracelets per year at this price. Her variable costs per bracelet are the metal and stones (approximately $80 per bracelet) and packaging ($5 per bracelet). She has total annual fixed costs of $9.000, comprised of $8,500 for space at the market and $500 depreciation on display cases and signage. Savannah estimates that if she increases her selling price by 20%, she will sell 25% fewer bracelets. What is Savannah Designs' expected profit if she increases her selling price by 20%? $58,500 $116,000 $93.750 $84.750

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