Carram Co produces one product. It currently sells 12,000 units per year at a price of $75 per unit. Carram Co has recently undertaken some market research which showed that for every increase in price of $5, annual sales demand would decrease by 1,000 units. What is the marginal revenue at an output level of 10,000 units (to the nearest $)? $
Carram Co produces one product. It currently sells 12,000 units per year at a price of $75 per unit. Carram Co has recently undertaken some market research which showed that for every increase in price of $5, annual sales demand would decrease by 1,000 units. What is the marginal revenue at an output level of 10,000 units (to the nearest $)? $
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 7EB: Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are...
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![Carram Co produces one product. It currently sells 12,000 units per year at a price of $75 per unit. Carram Co has recently undertaken some market research which showed that for every increase in
price of $5, annual sales demand would decrease by 1,000 units.
What is the marginal revenue at an output level of 10,000 units (to the nearest $)?
$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fce5672f0-fbc1-4ece-b472-7e6cc578fbb1%2Fa25b7458-6ef0-40da-baff-c540af059c70%2Frvuyl4_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Carram Co produces one product. It currently sells 12,000 units per year at a price of $75 per unit. Carram Co has recently undertaken some market research which showed that for every increase in
price of $5, annual sales demand would decrease by 1,000 units.
What is the marginal revenue at an output level of 10,000 units (to the nearest $)?
$
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