You are the owner of an art supply store,selling both paint and paintbrushes.In order to maximize total sales you should
A)Decrease the price on the paint only
B)Decrease the price on paintbrushes only
C)Decrease the price on both the paint and the paintbrushes
D)Increase the price on both the paint and the paintbrushes

Question

​You are the owner of an art supply store,selling both paint and paintbrushes.In order to maximize total sales you should
A)​Decrease the price on the paint only
B)Decrease the price on paintbrushes only
C)Decrease the price on both the paint and the paintbrushes
D)​Increase the price on both the paint and the paintbrushes

Quizplus · Accepted Answer

Decreasing the price on both the paint and the paintbrushes can attract more customers to the store and increase overall sales. This strategy allows customers to feel like they are getting a good deal on both items, which can encourage them to purchase more. Decreasing the price on only one item may not have as significant of an impact on overall sales. Increasing the price on both items may result in a decrease in sales as customers may look for cheaper alternatives elsewhere.

​You Are the Owner of an Art Supply Store,selling Both

You Are the Owner of an Art Supply Store,selling Both