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Glucose Scan Incorporated (GSI) currently sells its latest glucose monitor,the Glucoscan 3000,to diabetic patients for $129.GSI plans on lowering their price next year to $99 per unit.The cost of goods sold for each Glucoscan unit is $50,and GSI expects to sell 100,000 units over the next year.
-Suppose that if GSI drops the price on the Glucoscan 3000 immediately,it can increase sales over the next year by 30% to 130,000 units.The incremental impact of this price drop on the firm's EBIT is closest to:
Atlantic Slave Trade
The transatlantic trading of African peoples, primarily to the Americas, for slave labor from the 16th to the 19th century.
Militarized States
Countries or regions where military power is widely used to maintain control or influence government policy, often at the expense of civil liberties.
West Africa
A region in Africa bordered by the Atlantic Ocean to the west, encompassing countries like Nigeria, Ghana, and Senegal.
Olaudah Equiano
An African writer and abolitionist who lived during the 18th century, whose autobiography detailed his experiences as a slave and a free man.
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