Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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In this question first we will calculate the pairs of jeans that will be required to be sold at $ 29.99 to earn profit of $ 100,000. Hence to earn profits above $ 100,000, we have to sell pairs of jeans more than the pairs required to earn profits of $ 100,000.
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