(10] Suppose a retail seller ofjeans currently has 40 customers. The retailer offers the following quantity discount to these 40 customers. Buy the 1" pair of jeans at a price of S100, buy a 2ªd pair of jeans at a price of $80, buy a 3d pair of jeans at a price of S60, and buy a 4ª pair of jeans at a price of $40. Suppose the cost to the retailer for each pair of jeans is $40. Suppose of these 40 customers, all buy the lª pair of jeans, 30 of these 40 buy a 2 pair of jeans, 20 of these 30 (i.e., those who bought a 2ª pair) buy a 3ª pair, and 10 of the 20 (i.e., those who bought a 3ª pair) buy a 4* pair. The profit to the retailer from selling jeans to these 40 customers in this way equals: A. $4000 B. $4600 $6200 C. D. None of the above
(10] Suppose a retail seller ofjeans currently has 40 customers. The retailer offers the following quantity discount to these 40 customers. Buy the 1" pair of jeans at a price of S100, buy a 2ªd pair of jeans at a price of $80, buy a 3d pair of jeans at a price of S60, and buy a 4ª pair of jeans at a price of $40. Suppose the cost to the retailer for each pair of jeans is $40. Suppose of these 40 customers, all buy the lª pair of jeans, 30 of these 40 buy a 2 pair of jeans, 20 of these 30 (i.e., those who bought a 2ª pair) buy a 3ª pair, and 10 of the 20 (i.e., those who bought a 3ª pair) buy a 4* pair. The profit to the retailer from selling jeans to these 40 customers in this way equals: A. $4000 B. $4600 $6200 C. D. None of the above
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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