Gruten Retailers Sells Mother's Day Special Greeting Cards at Their

question 59

Essay

Gruten Retailers sells Mother's Day special greeting cards at their store at $6. They make the cards for a dollar apiece. Most of the cards are sold by Mother's Day, but the actual demand is unknown. They have orders for 120 cards. In the past, they have had sales of at least 100 cards by Mother's Day. The remaining cards are sold at a 40 percent discount. Calculate the net profit, if demand, D, is set at 110 units.

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