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Tommy's Tacos plans a weekend discount on beef tacos, reducing the price from $3.00 to $2.50. Promotion costs $800. Tommy expects beef taco sales to
Tommy's Tacos plans a weekend discount on beef tacos, reducing the price from $3.00 to $2.50. Promotion costs $800. Tommy expects beef taco sales to increase by 40%, but expects a 15% drop in chicken taco sales. Weekly data are:
Product | Sales Price | Variable Costs | Sales Volume |
Beef Tacos | $3.00 | $1.50 | 500 |
Chicken Tacos | $4.00 | $2.00 | 400 |
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