Daisy works for a candle manufacturer and has a great idea for a new product. She wants the candle to smell like french fries that have just been lifted from a deep fryer, as she knows this is a smell that many people find nostalgic. She designed the cover of the package to mirror a popular fast food chain's packaging. The legal team has advised that there is risk with this approach. The cost of the candles will be 10% more to manufacture than a more traditional candle, and the candles will have a retail prices of 20% more. Which of the following can be concluded from Daisy's story above? A) Daisy's new candle is the most expensive canlde that Daisy's company makes B) The french fry candle will sell more than lavender candles due to nostalgia C) The french fry candle will have a higher profit margin ([price - cost]/price) than a more traditional candle D) The legal team strongly believes Daisy will be sued because of the packaging design
Daisy works for a candle manufacturer and has a great idea for a new product. She wants the candle to smell like french fries that have just been lifted from a deep fryer, as she knows this is a smell that many people find nostalgic. She designed the cover of the package to mirror a popular fast food chain's packaging. The legal team has advised that there is risk with this approach. The cost of the candles will be 10% more to manufacture than a more traditional candle, and the candles will have a retail prices of 20% more. Which of the following can be concluded from Daisy's story above?
A) Daisy's new candle is the most expensive canlde that Daisy's company makes
B) The french fry candle will sell more than lavender candles due to nostalgia
C) The french fry candle will have a higher profit margin ([
D) The legal team strongly believes Daisy will be sued because of the packaging design
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