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Spectrum Sound, Inc, manufactures compact disc players with unusual features in its St. Louis Division. The divisional sales manager has estimated the following demand-curve data.
Spectrum Sound, Inc, manufactures compact disc players with unusual features in its St. Louis Division. The divisional sales manager has estimated the following demand-curve data.
Quantity Sold per Month
20
40
80
100
Unit Sales
Price
$1,000
950
900
850
800
Required:
1. Calculate the Spectrum Sound's total revenue per month and the changes in the total revenue.
Quantity
Sold per
Month
20
40
80
100
Unit
Sales
Price
1,000
950
900
850
800
Total Revenue per Month
Changes in Total
Revenue
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