What is the minimum increase in expected sales, Marketing Management

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What is the minimum increase in expected sales

Problem

FoolingKids Inc. sells special chocolate chip cookies that kids can offer Santa Claus and his tired elves on Christmas Eve. The variable cost of manufacturing a box of chocolate is $7. At the price of $10 per box, Fooling Kids is selling 1000 boxes. What is the minimum increase in expected sales at which FoolingKid Inc. can consider offering the 10% price cut?

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Marketing Management: What is the minimum increase in expected sales

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Marketing Management: What is the minimum increase in expected sales

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