Fiberia Accessories, a clothing retailer, is planning to introduce a new line of sweaters as part of the winter collection for $65 with an inventory of 1500. The main selling season is 60 days between November and December. The store then sells the remaining units in a clearance sale at 65 percent discount. Out of the 60 main retail days, Fiberia sells the sweaters at full retail price for only 45 days, while giving a discount of 25 percent for the remaining 15 days. The demand functions A and B are given as 79.5 and 1.1 respectively. Calculate the total revenue during the discount sales period, rounded to the nearest cent. Click the icon to view the pricing model. OA. $18,921.09 OB. $43,321.09 OC. $10,042.73 O D. $4,478.91

Fiberia Accessories, a clothing retailer, is planning to introduce a new line of sweaters as part of the winter collection for $65 with an inventory of 1500. The main selling season is 60 days between November and December. The store then sells the remaining units in a clearance sale at 65 percent discount. Out of the 60 main retail days, Fiberia sells the sweaters at full retail price for only 45 days, while giving a discount of 25 percent for the remaining 15 days. The demand functions A and B are given as 79.5 and 1.1 respectively. Calculate the total revenue during the discount sales period, rounded to the nearest cent. Click the icon to view the pricing model. OA. $18,921.09 OB. $43,321.09 OC. $10,042.73 O D. $4,478.91

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter17: Capital And Time

Section: Chapter Questions

Problem 17.6P

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