Answered: What is the monthly profit or loss if…

Business

Economics

What is the monthly profit or loss if the company stays with Clunker and sells 90,000 bags per month?

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter17: Capital And Time

Section: Chapter Questions

Problem 17.6P

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Concept explainers

Product and Price Bundling

Product and price bundling is used as a marketing strategy by businesses, where complementary products and services are combined and sold as a package deal. This bundled price is usually less than the total price of the individual products if they were to be sold separately. When bundled and sold, each product is sold at a reduced price. Using a price bundling strategy helps increase the average revenue per user and also increases the engagement with the user. This happens as the perceived value of the bundled products is more than the individual products.

Question

100%

c) What is the monthly profit or loss if the company stays with Clunker and sells

90,000

bags per month?

The monthly profit or loss if the company stays with Clunker and sells 90,000 bags per month is

$enter your response here.

(Round your response to the nearest dollar and include a minus sign if necessary.)

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