Walks Softly, Inc

question 29

Multiple Choice

Walks Softly, Inc.sells customized shoes.Currently, it sells 10,000 pairs of shoes annually at an average price of €68 a pair.It is considering adding a lower-priced line of shoes which sell for €49
A pair.Walks Softly estimates it can sell 5,000 pairs of the lower-priced shoes but will sell 1,000 less
Pairs of the higher-priced shoes by doing so.What is the amount of the sales that should be used
When evaluating the addition of the lower-priced shoes?

• A)€177,000
• B)€245,000
• C)€313,000
• D)€789,000
• E)€857,000

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Definitions:

Model

A representation, often simplified, of a system or phenomenon, used for analysis, interpretation, or to guide decisions.

Self-efficacy

Refers to an individual's belief in their capacity to execute behaviors necessary to produce specific performance attainments.

Task-specific

This term refers to skills, abilities, or strategies that are particularly relevant to, and used for, accomplishing a specific task.

Self-efficacy

An individual's belief in their own capacity to execute behaviors necessary to produce specific performance attainments.