Food For Less (FFL), a grocery store, is considering offering one-hour photo developing in their store....
Food For Less (FFL), a grocery store, is considering offering one-hour photo developing in their store. The firm expects that sales from the new one-hour machine will be
175,000
per year. FFL currently offers overnight film processing with annual sales of
$100,000.
While many of the one-hour photo sales will be to new customers, FFL estimates that
60%
of their current overnight photo customers will switch and use the one-hour service. The level of incremental sales associated with introducing the new one hour photo service is closest to:
Homework Answers
Incremental Sales Asscoiated with new service = Expected Sales - Sales from old product
= 175,000 - 100,000*60%
= $115,000
Hence, the answer is $115,000
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Food For Less (FFL), a grocery store, is considering offering
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