Question
In: Finance
Presently their golf balls sell for $21 per dozen. Their current volume is 5,730 dozen per...
Presently their golf balls sell for $21 per dozen. Their current volume is 5,730 dozen per month. They are considering reducing their sales price by 25% per dozen.
What will be EasyFind's new price if they choose to implement the price decrease?
*tcont = $63,030
revenues = $120,330
Solutions
Expert Solution
The current price is $ 21 per dozen.
When they decide to reduce the price by 25%,
The price reduction would be 25% of 21
which is = 0.25 * 21 = $ 5.25
Hence, new price will be 21 - 5.25 = $ 15.75
jeff jeffy answered 2 years agoRelated Solutions
Year Price of Tennis Balls Quantity of Tennis Balls Price of Golf Balls Quantity of Golf...
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2014
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2015
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