subject
Business, 02.03.2020 21:24 Wolfgirl2032

XYZ, inc. makes and sells bicycle parts. Last year XYZ sold 5,300 handlebars, generating sales of $110,000. This year they are considering a new pricing strategy with a target profit goal of $19,000. They determined that for every $1 increase to the selling price, a 300 decrease in unit sales was expected. Their total costs were $110,000 with fixed costs accounting for $60,000. This year, XYZ, inc. is considering changing the selling price to $27. Assuming that the demand function is linear, what is the slope of demand?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 15:00
Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii
Answers: 2
question
Business, 22.06.2019 22:40
When immigration adds to the size of the domestic labor pool, which of the following is likely to occur? a. wages decrease. b. productivity increases. c. consumption decreases. d. minimum wage increases.
Answers: 1
question
Business, 23.06.2019 04:00
Asmall company has 10,000 shares. joan owns 200 of these shares. the company decided to split its shares. what is joan's ownership percentage after the split
Answers: 2
question
Business, 23.06.2019 17:30
Which of the following methods is designed to determine the demographics of a particular target market? primary market research secondary market research diversity marketing differentiated marketing
Answers: 1
You know the right answer?
XYZ, inc. makes and sells bicycle parts. Last year XYZ sold 5,300 handlebars, generating sales of $1...
Questions
question
Health, 17.10.2020 09:01
question
Computers and Technology, 17.10.2020 09:01
question
Mathematics, 17.10.2020 09:01
question
Mathematics, 17.10.2020 09:01
question
Mathematics, 17.10.2020 09:01
Questions on the website: 13722360