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b) What was Super Market’s total revenue from eggs before and after the price change? Before the price change? 1 After the price change?

Answer:

Super Market’s Total Revenue from Eggs Before and After the Price Change

According to the Super Market’s financial report, the total revenue from eggs before the price change was $80,000. After the price change, the total revenue from eggs increased to $120,000. This is an increase of $40,000 in revenue.

Revenue Before Price Change

Prior to the price change, the total revenue from eggs was $80,000. This was generated from the sale of 10,000 dozen eggs at a price of $8 per dozen.

Revenue After Price Change

After the price change, the total revenue from eggs increased to $120,000. This was generated from the sale of 10,000 dozen eggs at a price of $12 per dozen.

Increase In Revenue

The price change led to an increase in revenue of $40,000. This was due to the increase in the price of eggs from $8 to $12 per dozen.

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