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
There are three firms in an economy: A, B, and C. Firm A buys $450 worth of goods from firm B and $260 worth of goods from firm C, and produces 260 units of output, which it sells

Explain the multiplier effect with example Deposits and loans in banks give rise to an important multiplier effect. We use a simple example to illustrate this effect. Consider

definition of cheap money

2. Use the Quantity Theory of Money to explain inflation (a increase in the overall level of prices). (4 points) If you were a member of the Federal Reserve Board of the Governor

definition and charactoristics of index numbers.problems while constructing index numbers

Q. What is national income? What are the different methods of measuring national income? National income is the aggregate money value of the annual flow of final goods and serv

how the theories of trade cycle affects in the business

If Starbucks's marketing department estimates the income elasticity of demand for its coffee to be 2.9, how will the prospect of an economic bust (expected to decrease consumers' i

How will each of the following bases for hospital reimbursement affect the number of admissions, the average length of stay, the volume of services per day, and the unit cost of se

I am trying to figure out how to calculate the eqilibrium level of income and the multiplier