All of the following statements about price are true EXCEPT:
A. small changes in price can have big effects on both the number of units sold and company profit.
B. the price for a product or service must earn a profit for the company.
C. for most products and services, their prices are always the same.
D. the price must be right in the sense that customers must be willing to pay it.
E. the price must generate enough sales dollars to pay for the cost of developing, producing, and marketing the product.
Answers: 2
Business, 22.06.2019 19:30, buggamarshall85
The owner of firewood to go is considering buying a hydraulic wood splitter which sells for $50,000. he figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. if, for this machine, design capacity is 50 cords per day, effective capacity is 40 cords per day, and actual output is expected to be 32 cords per day, what would be its efficiency?
Answers: 1
Business, 23.06.2019 19:40, caity2006
According to your textbook, a good way to clarify statistical trends is to increase your speaking rate when giving statistics. consult the guinness book of world records. use exact numbers rather than rounding off. use visual aids when presenting statistics. make sure the statistics are from unbiased sources.
Answers: 3
Business, 23.06.2019 21:30, smiley29162
If the supply of loanable funds increases, what will happen to real interest rates and the international value of the u. s. dollar (usd)? real interest rates / international value of usd
Answers: 3
All of the following statements about price are true EXCEPT:
A. small changes in price...
A. small changes in price...
Mathematics, 08.02.2021 22:40
History, 08.02.2021 22:40
Chemistry, 08.02.2021 22:40