Imagine a retailer considering a 33-percent-off sale on blenders currently priced at $54. The retailer pays $29

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Imagine a retailer considering a 33-percent-off sale on blenders currently priced at $54. The retailer pays $29 per blender from the manufacturer. How much has the volume to increase for the sale to maintain profits?

1) 248%

2) 24%

3) 496%

4) 49%

Related Book For answer-question

Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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Posted Date: Oct 10, 2020 01:36 PM

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Imagine a retailer considering a 33-percent-off sale on blenders currently priced at $54. The retailer pays $29

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Selling price 54 cost29 profit25 di... View the full answer

Microeconomics

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