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Using the formula from part a, calculate the retail price for each quantity range.

User Zeusstl
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2 Answers

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You calculated that it cost you $50 to manufacture the bike, and if you decide to sell it for a wholesale price of $60 to the retailer, you'll make a $10 profit per bike. Your profit margin percentage is the total profit divided by the total revenue.

User Ankur Singhal
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Answer:

a.$45.00 left

b.$41.40

c.$37.80 to

d.$34.20

e.$30.60 right

User Mdandr
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