1) London Drugs is selling the new macbook pro for a selling price of $1015.93 with...

1) London Drugs is selling the new macbook pro for a selling price of $1015.93 with markdowns of 40% and 20%. Future shop is selling the same macbook pro for a selling price of $1839.94 with a markdown of 25%. What additional discount should you ask for from the more expensive shop

2) A clothing store purchases a shirt for $16.17 and applies a markup of 23% of their desired selling price. For what amount should the store list the shirt if it wants to offer a 34% discount without reducing its markup? Enter your answer rounded to 2 decimal places.

3) Find the profit earned from selling 81 units:
TR = 11x, TC = 93x + 88

4)A company has a profit function given by:

Profit = 63.8x - 9706,

where x represents the number of units being sold. How many units must be sold for the company to break even?

5)A company has a profit function given by:

Profit = CMx - 8210,

where x represents the number of units being sold and CM is the contribution margin. The company breaks even after selling 5839 units. What is the contribution margin?

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Expert Solution

jeff jeffy answered 1 year ago

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