Lt revenue selling price qty and cost variable cost , Ask an Expert

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Let Revenue = Selling Price * Qty and Cost = Variable Cost * Qty. Suppose that the Variable Cost per unit is $12, and the Quantity Sold Depends on the Selling Price and is given by the equation Qty = 200,000 – 5000*Selling Price.

In the “Real World”, what is the Highest value that the Selling Price could be?

In the “Real World”, what is the Lowest value for the Price P?

How much Profit would you make if your Selling Price was $20 ?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92398284

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