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Manager
Joined: 14 Apr 2017
Posts: 248
Location: India
sandeep : sharma
Concentration: International Business, Entrepreneurship
GPA: 3.9

A factory produces one type of widget. [#permalink]
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28 Jul 2017, 08:39



Intern
Joined: 14 Dec 2015
Posts: 3

Re: A factory produces one type of widget. [#permalink]
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02 Aug 2017, 12:49
The correct answers are: X = 160 Y = 62.5
If the revenues are equal for 2 months, the equation becomes: wp = ((x/100) of p) * ((y/100) of w)
Solving the equation , we get xy = 10000. The 2 values which multiply to 10000 are 160 and 62.5. X is 160 since the price increased, and Y is 62.5 since the number of quantities sold decreased.




Re: A factory produces one type of widget.
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02 Aug 2017, 12:49






