The future flight corporation manufactures a variety of, Ask an Expert

Economics

The Future Flight Corporation manufactures a variety of frisbees selling for $2.98 each. Sales have averaged 10,000 units per month during the last year. Recently Future Flight's closest competitor, Soaring Free Company, cut its prices on similar frisbees from $3.49 to $2.29. Future Flight noticed that its sales declined to 7,000 units per month after the price cut.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91571173

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