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View Policies Show Attempt History Current Attempt in Progress Flounder's Flowers is a small neighbourhood florist shop. Flounder sells flowers for bouquets, and he also
View Policies Show Attempt History Current Attempt in Progress Flounder's Flowers is a small neighbourhood florist shop. Flounder sells flowers for bouquets, and he also prepares and delivers flower arrangements. (a) Your answer is incorrect. Flounder is trying to decide how much to charge for a new type of rose that wholesales for $0.50 per bud. He ran a special on a similar rose last month and discovered that a 19% discount on the usual price increased sales by about 30%. What would you suggest as a starting price for the rose? (Round entry to 2 decimal places, e.g. 15.25. Round elasticity to 3 decimal places, e.g. 5.125 for your calculations.) Starting Price $ eTextbook and Media Assistance Used
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