Table 6-2
The publisher of a magazine gives his staff the following information:

He tells the staff, "Our costs are currently $150,000 more than our revenues each month. I propose to eliminate this problem by raising the price of the magazine to $3.00 per issue. This will result in our revenue being exactly equal to our cost."
-Refer to Table 6-2.Which of the following statements is correct?

Question

Table 6-2
The publisher of a magazine gives his staff the following information:
 
 He tells the staff, "Our costs are currently $150,000 more than our revenues each month. I propose to eliminate this problem by raising the price of the magazine to $3.00 per issue. This will result in our revenue being exactly equal to our cost."
-Refer to Table 6-2.Which of the following statements is correct?

Quizplus · Accepted Answer

The Answer of Table 6-2
The publisher of a magazine gives his staff the following information:
 
 He tells the staff, "Our costs are currently $150,000 more than our revenues each month. I propose to eliminate this problem by raising the price of the magazine to $3.00 per issue. This will result in our revenue being exactly equal to our cost."
-Refer to Table 6-2.Which of the following statements is correct?

Table 6-2 The Publisher of a Magazine Gives His Staff the Following