Lookatdabox Electronics sells 32" LED TVs. For a particular week, the selling price, variable cost, total unit sales of the 32" LED are $600, $453 and 30 units respectively. Most of the customers prefer a bigger screen. So, the company expanded their product line by bringing in 40" LED TVs next week, whose selling price, variable cost, and total unit sales are $800, $538, and 10 units respectively. If the cannibalization rate is 53%, what would be the total weekly contribution for both TVs combined?
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Lookatdabox Electronics sells 32" LED TVs. For a particular week, the selling price, variable cost,...
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