contestada

Company Y thinks they can increase sales by lowering the price of their product. If they currently sell 1,000 units a month at $110, how many more units will they have to sell at $100 to get the same amount of revenue?

Respuesta :

Answer:

100 more units to be sold.

Step-by-step explanation:

Given that company Y It is found that there is about a 32​% chance of getting such results with a diet that has no effect.

Current sales in units = 1000

Rate = 110 dollars

Total current revenue =[tex]1000(110) = 110000[/tex]

New selling price =100

Hence no of units to be sold to get same revenue = [tex]\frac{110000}{100} =1100[/tex]

1100 units i.e. 100 more units to be sold.