Answer the Following Questions Using the Information Below:
LeBlanc Lighting

question 68

Multiple Choice

Answer the following questions using the information below:
LeBlanc Lighting manufactures table lamps and is considering raising the price by $15 a unit for the coming year.With a $15 price increase,demand is expected to fall by 2500 units.
$$\begin{array} { l r r } & \text { Current } & \text { Projected } \\ \text { Demand }& 20000 \text { urits } & 17500 \text { urits } \\\text { Selling price }& \$ 150 & \$ 165 \\\text { Variable costs per unit } & \$ 100 & \$ 100\end{array}$$

-Would you recommend the $15 price increase?

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Definitions:

Personality Disorders

A category of psychological disorders identified by persistent unhealthy patterns of thought, action, and personal feeling, shown in various situations and significantly differing from the norms of the person's cultural background.

Inflexible Traits

Personality attributes that are rigid and do not easily adapt to changing circumstances or environments.

Distress

Emotional or physical suffering or pain that is often caused by extreme anxiety, sorrow, or pain.

Neurological Defects

Abnormalities in the structure or function of the brain, spinal cord, or other nerves, which can lead to various physical or cognitive impairments.