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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 ago
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