Increase quantity sold

Cards (3)

  • How can increase in quantity sold lead to profitability ?
    It will lead to higher sales if selling price is not lowered and may result in higher market share
  • What will increasing quantity sold depend on
    Elasticity of demand and if the business has capacity to sell more
  • Why might increasing the quantity of sold not work
    Competitors are likely to respond
    fixed costs might actually rise - e.g - higher marketing