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From course:

GCSE Business 2020-2022 OCR

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Question:

How can you Increase the Sales Revenue?

Author: eric_galvao



Answer:

-Having the Selling Price Lower can lead to more Demand for it, meaning more Sales -Having the Selling Price Higher can lead to more Revenue, for the Same Variable Costs -Increasing the Advertising and Knowledge of the Product can Increase the Sales of it, however it will affect the Net Profit as Advertising is Expensive


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