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Business, 29.08.2019 02:30 icantspeakengles

Assume a firm sells 1m units of its product for $10 and has a 30% gross profit margin ($3). cutting the price to $9.50 might stimulate unit sales by 10%. will the assumed increase in sales volume offset the decrease in margin?

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Assume a firm sells 1m units of its product for $10 and has a 30% gross profit margin ($3). cutting...
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