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03.06.2021 17:52
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Tide laundry detergent is a well known brand that sells for approximately $8.00

Tide laundry detergent is a well known brand that sells for approximately $8.00 for a 64 ounce bottle, and procter & gamble usually sells 2 million of these sizes each year. an average private label store brand costs $6.00 for the same size, and typically 1 million are sold each year. what is tide’s revenue premium?
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andreapgomezr
andreapgomezr
5,0(77 marks)

Tide’s revenue premium = $10 million

Explanation:

Tide’s revenue premium is the difference in revenue between Procter & Gamble and the other brand.

Procter & Gamble: Revenue = $8.00 x 2 million = $16 million

Other brand: Revenue = $6.00 x 1 million = $6 million

Tide's revenue premium = $16 million - $6 million = $10 million

Hope this helps!

Pizzapegasus1
Pizzapegasus1
4,4(9 marks)

Buy my toilet paper today for only 2.99

Explanation:

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