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In: Finance

Let Predicted_sales=2000-50Price where the unit of sales is in(1000s) and Price is in (10s), if...

Let Predicted_sales=2000-50Price where the unit of sales is in (1000s) and Price is in (10s), if Price charged is 20, the Predicted_sales is estimated to be



1500



1950



1,900



1,000



none of the above

Solutions

Expert Solution

Predected Sales = 2000 - 50 (Price )

= 2000 - 50 ( 20 )

= 2000 - 1000

= 1000

Option D is correct.

jeff jeffy answered 2 years ago
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