Kizspy | Question: 12
(Choose 1 answer)
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?
A. 11% to 12%
B. 9% to 10%
C. 5% to 6%
D. 3% to 4%
