A convenience store buys whole milk for $2.17 per gallon and sells it for $2.99 per gallon. It sells an average of 150 gallons per day.

[ad_1]

A convenience store buys whole milk for $2.17 per gallon and sells it for $2.99 per gallon. It sells an average of 150 gallons per day. By tracking past changes in sales of whole milk with changes in sales of other grocery products, the manager has discovered that each one-gallon increase in the sales of whole milk is associated with a $1.00 increase in the sales of other grocery products. Every $1.00 increase in the sales of other grocery products yields a contribution margin of $0.38.

Don't use plagiarized sources. Get Your Custom Essay on
A convenience store buys whole milk for $2.17 per gallon and sells it for $2.99 per gallon. It sells an average of 150 gallons per day.
Just from $13/Page
Order Essay

The manager is now considering a promotion where the price of whole milk will be lowered to $2.59 per gallon. If this past relationship between sales of whole milk and sales of other grocery products holds, by how many gallons must whole milk sales increase in order for the store to break even on this price promotion? Show your work.

Show more



[ad_2]

Source link

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 15% with the discount code BANANA