Ben laden is considering an attempt to differentiate

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Q1. Ben Laden Rugs, Inc., sells hand-made cotton rugs to tourists at a price of $50. Ben Laden's unit costs are $10 every rug. Fixed costs are $5,000. Ben Laden is considering an attempt to differentiate his product from several other competitors by using high quality natural herb dyes.

Doing so would increase Ben Laden's unit cost by $15 every rug. The price of the rugs will remain stable at $50

Q2. Illustrate what are 4 ways to increase aggregate demand using Marginal propensity consume?

 

Reference no: EM1320670

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