An electronics store has a leftover stock of televisions, where each television usually sells for $1000. The shop bought these televisions in bulk for $550 each. However, business has been slow and there is a new model of television coming out. The manager estimates that they can only sell the old televisions for no more than $375 each. True or false: If the only two choices are to keep the televisions or sell the televisions at a price of $375, the store should keep them.Group of answer choicesTrueFalse

A TV manufacturer and seller sold 50 units for a total of P3,750,000 worth of television sets for the month of August 2018. Fixed Expenses at P1,000,000 and Variable Expenses at P888,000.Compute for per unit sales.Select one:a.75,000b.105,000c.65,000d.80,000

Select all that applyAccording to this case study, which of the following are true about the television industry?Multiple select question.By 2005, prices for a 30-inch television dropped below $800.Retailers pressured TV makers to charge higher prices.When flat panel TVs were first introduced around 2001, they were priced at about $10,000.Vizio could charge low prices for its TVs because it had low overhead costs and took slim margins.

Farah wants to buy a television and a radio for her grandparents. On an Internet sales, the price of a television to a radio is 7 : 4. After a discount of $132 on each item, the price ratio of the television to radio becomes 25 : 13. What is the discounted price of the television?

Suppose the price of a TV is $600 and that there are two consumers in the TV market. Joe is willing to pay $700, and Isaac is willing to pay $550. How much consumer surplus exists in this market?$100$75$50$150

Consider the scenario below:A TV manufacturer and seller sold 50 units for a total of P3,750,000 worth of television sets for the month of August 2018. Fixed Expenses at P1,000,000 and Variable Expenses at P888,000.Compute for the Profit.Select one:a.8,622,000b.1,862,000c.2,862,000d.1,268,000