Average monthly total revenue from the sale, Macroeconomics

The Stop decay company sells an electric toothbrush for $25. Its sales have averaged 8,000 units per month over the past year. Recently, its closest competitor, Decay fighter, reduced the price of its electric toothbrush from $35 to $30. As a result, stop decay's sales declined by 1,500 units per month.

What is Stop decay's average monthly total revenue from the sale of electric toothbrushes before and after the price change determined?

Posted Date: 2/5/2014 2:00:21 AM | Location : United States







Related Discussions:- Average monthly total revenue from the sale, Assignment Help, Ask Question on Average monthly total revenue from the sale, Get Answer, Expert's Help, Average monthly total revenue from the sale Discussions

Write discussion on Average monthly total revenue from the sale
Your posts are moderated
Related Questions
how the demand of pizzas in pizza hut affecting the market of fast food

If there is an increase in the popularity of video games and more companies making video games, then the following is true? A) Sales of the games will be uncertain. B) Price will g

mundell-Fleming Model

The fact that price and quantity demanded are related negatively illustrates the? a. law of supply b. law of quantity supply c. law of demand d. law of quantity demande

Suppose that you decide to leave your current job(with a salary of $60,000) to start your own business in a building (with a market value of $400,000) you already own. You pay $45,

Find the annual (yearly) real and nominal GDP numbers for Turkey from TCMB for the recent past. Use the EVDS system and TUIK data. Describe the source and definition of the data us

Explain the pre-emptive monetary policy Since 1992 UK monetary policy has been 'pre-emptive'. In pre-emptive monetary policy authorities announce that they are prepared to rai


Assume the United States has the following consumption information:                                     GDP = Income              Consumption

Properties of indifference curve:   Property I: Higher indifference curve gives higher utility.      Explanation: Since all goods are non-satiated, larger consumpti