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Calculating Revenue from Sandwich Sales Survey Data

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Calculating Revenue from Sandwich Sales Survey Data

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Questions and Answers

How many customers would buy a sandwich at a price of $5?

100

How many customers would buy a sandwich at a price of $12?

How much revenue would Liam make if he set the sandwich price at $5?

$500

How much revenue would Liam make if he set the sandwich price at $12?

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At which price point would Liam make more revenue, $5 or $12?

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Calculating Revenue from Sandwich Sales Survey Data

Choose a study mode

Podcast

Questions and Answers

How many customers would buy a sandwich at a price of $5?

How many customers would buy a sandwich at a price of $12?

How much revenue would Liam make if he set the sandwich price at $5?

How much revenue would Liam make if he set the sandwich price at $12?

At which price point would Liam make more revenue, $5 or $12?

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