InterpretationPrice:Price of 750 is determined as within range of 400 to 7000 it need to be placed. Mentionedpricerange isdeterminedbecausecustoemersfor mountainbiycleare moderately sensative to price. On this price level return ogf 28% is gained.Advertisement:Expenditure of 650000 is made on product under advertisment and expenses on public relation is made equal to 300000. Product is sensitive to advetisment and due to this reason most of expenses are made on same.Margin:Margin of 515 is earned on product and on same return of 28% is made on sales. 6|P a g e
Found this document preview useful?
You are reading a preview Upload your documents to download or Become a Desklib member to get accesss