Answer the Following Question(s)using the Information Below

question 18

Multiple Choice

Answer the following question(s) using the information below.Frank's Computer Monitors Inc..currently sells 17" monitors for $270.It has costs of $210.A competitor is bringing a new 17" monitor to market that will sell for $225.Management believes it must lower the price to $225 to compete in the market for 17" monitors.Marketing believes that the new price will cause sales to increase by 10%, even with a new competitor in the market.Frank's sales are currently 10,000 monitors per year.
-What is the target cost if the company wants to maintain its same income level, and marketing is correct (rounded to the nearest cent) ?

• A)$168.75
• B)$170.46
• C)$185.00
• D)$210.00
• E)$202.50

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Definitions:

Peripheral Vasoconstriction

The narrowing of blood vessels in the body's extremities to preserve core body temperature and blood flow to vital organs.

Venous Pooling

The accumulation of blood in the veins, particularly in the lower limbs, due to impaired venous return to the heart.

Arterial Perfusion

The process of blood being supplied to tissues and organs through the arteries, crucial for delivering oxygen and nutrients to cells.

Impending Shock

A critical condition where the body is not receiving enough blood flow, indicating that a state of shock is imminent if not promptly addressed.