Due to the extremely high utility bills, increased Customs fees, higher port charges, higher raw materials costs, higher operating costs and the proposed VAT tax burden, effective 1st October, 2013, our Business Model at this local water company is scheduled to change. We appreciate your continued support and would like you to know that our team is totally united to provide you with the highest quality drinking water at the most affordable price. We apologise for any inconvenience caused as a result of a small price increase. The new depot price is $3.00 a slight increase from $2.50. (Adapted from a flyer distributed to customers by Chelsea's Choice)

Due to the extremely high utility bills, increased Customs fees, higher port charges, higher raw materials costs, higher operating costs and the proposed VAT tax burden, effective 1st October, 2013, our Business Model at this local water company is scheduled to change. We appreciate your continued support and would like you to know that our team is totally united to provide you with the highest quality drinking water at the most affordable price. We apologise for any inconvenience caused as a result of a small price increase. The new depot price is $3.00 a slight increase from $2.50. (Adapted from a flyer distributed to customers by Chelsea's Choice)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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