Business, 05.03.2021 23:10 xonyemaa12
Walks Softly currently sells 14,800 pairs of shoes annually at an average price of $59 a pair. It is considering adding a lower-priced line of shoes that will be priced at $39 a pair. The company estimates it can sell 6,000 pairs of the lower-priced shoes annually but will sell 3,500 less pairs of the higher-priced shoes each year by doing so. What annual sales revenue should be used when evaluating the addition of the lower-priced shoes?
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Walks Softly currently sells 14,800 pairs of shoes annually at an average price of $59 a pair. It is...
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