Question
WeedAway sells a weed trimmer for $289.62 each, and makes the product for variable costs of 171.91 per unit. WeedAway is thinking about cutting its
WeedAway sells a weed trimmer for $289.62 each, and makes the product for variable costs of 171.91 per unit. WeedAway is thinking about cutting its selling price by -$13.91. Calculate the percent profit breakeven metric for this proposed price cut. Report the correct sign for the result. Report your answer as a percent. Report -25.5%, for example, as "-25.5". Rounding: tenth of a percent.
Answer: 37.65 Incorrect Response
Correct Answer -(13.4) Please show work.
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Handbook Of Key Global Financial Markets Institutions And Infrastructure
Authors: Gerard Caprio
1st Edition
0123978734, 9780123978738
