What would be the allowable volume loss

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Question 1 - Imagine a retailer considering a 33-percent-off sale on blenders currently priced at $54. The retailer pays $29 per blender from the manufacturer. How much has the volume to increase for the sale to maintain profits?

a. 248%

b. 24%

c. 496%

d. 49%

Question 2 - Consider a wind turbine manufacturer. Currently, a 1.5 MW wind turbine has a price of $1.7M and $1.3M in variable cost. If the manufacturer considers raising the price by 3%, what would be the allowable volume loss to at least maintain profits? (Please provide your answer in percentage without including the % sign. You can add an approximate or up to 1 decimal point)

Reference no: EM132513720

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