Electronic component company (ecc) is a producer of high-end video and music equipment. ecc currently sells its top of the line "ecc" video player for a price of $250. it costs ecc $210 to make the player. ecc's main competitor is coming to market with a new video player that will sell for a price of $220. ecc feels that it must reduce its price to $220 in order to compete. the sales and marketing department of ecc believes the reduced price will cause sales to increase by 15%. ecc currently sells 200,000 video players per year. irrespective of the competitor's price, what is eec's required selling price if the target profit is 25% of sales and current costs cannot be reduced?

Upper a report about the decline of western investment in third world countries included this: "after years of daily flights comma several european airlines halted passenger service. foreign investment fell 400 percent during the 1990 s." what is wrong with this statement? choose the correct answer below. a. if foreign investment fell by 100 % comma it would be totally eliminated comma so it is not possible for it to fall by more than 100 %. b. the actual amount of the decrease in foreign investment is less than 100%. c. if foreign investment fell by 100%, it would be cut in half. thus, a decrease of 200% means that it would be totally eliminated, and a decrease of more than 200% is impossible. d. the statement does not mention the initial amount of foreign investment.