Question: Question 24 0.33 points Save Answ Use the table below to answer the following question(s). Fiberia Accessories, a clothing retailer, is planning to introduce a

Question 24 0.33 points Save Answ Use the table
Question 24 0.33 points Save Answ Use the table below to answer the following question(s). Fiberia Accessories, a clothing retailer, is planning to introduce a new line of sweaters as part of the winter collection for $65 with an inventory of 1500. The main selling season is 60 days between November and December. The store then sells the remaining units in a clearance sale at 65 percent discount. Out of the 60 main retail days, Fiberia sells the sweaters at full retail price for only 45 days, while giving a discount of 25 percent for the remaining 15 days. The demand functions a, and b are given as 79.5 and 1.1 respectively Marked Down Pricing Model for Fiberia Accessories's new sweater Data Retail Price Inventory Selling Season (days) Days at Full Retail Intermediate Markdown Clearance Markdown Demand Function $65 1500 60 145 25 percent 65 percent 79.5 1.1 Calculate the total revenue during the discount sales period. $43,321.09 $18,921.09 $10,042.73 $4,478.91

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