A flower delivery business wants to raise their overall sales volume to increase profit. After analyzing their costs, they choose their most popular line of flower arrangements and run a promotion on those arrangements.
How would this promotion lead to higher profits?
- By lowering the cost of the flower arrangements to increase margin.
- By raising the revenue to increase demand.
- By lowering the price of the flower arrangements to increase demand.
- By raising the margin on the arrangements to increase revenue.