Supply & Demand Schedule for Portable Music Player
Price of Music Player|Quantity Supplied of Music Players|Quantity Demand of Player
$50 0 500
$100 50 350
$150 200 200
$200 450 75
$250 600 0

QUESTION: In the supply-and-demand schedule shown above, at the prices of and , there is excess supply because quantity supplied is greater than quantity demanded.

OPTIONS:
A) $50, $100
B) $200, $250
C) $50, $250

Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?