Program Associate Interview Questions

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You are in charge of a video game vendor, and are contemplating reducing the price from $40 to $30. They are currently selling 1000 units a week. Please give your quantitative reasoning on the impact of the price reduction on unit sales and total revenue and profits, with specific numbers. Also walk us through how you would decide whether to implement the price change or not.
Sep 27, 2013

You are in charge of a video game vendor, and are contemplating reducing the price from $40 to $30. They are currently selling 1000 units a week. Please give your quantitative reasoning on the impact of the price reduction on unit sales and total revenue and profits, with specific numbers. Also walk us through how you would decide whether to implement the price change or not.

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