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Ket [755]
1 year ago
13

If a casket cost $1,000.00 wholesale, and the funeral home's fixed multiple was 5, what would the selling price of that casket b

e?
Business
1 answer:
omeli [17]1 year ago
5 0

If a casket cost $1,000.00 wholesale, and the funeral home's fixed multiple was 5,  then $500  would be the selling price of that casket.

The selling price is the initial label that the salesperson puts on the product, and the asking price is the price at which the product will eventually be sold. Determine the total cost of all purchased units. Divide the total cost by the number of units purchased to get the cost price. Use the selling price formula to calculate the final price: selling price = cost + profit margin.

Companies should be able to bear all the costs of their products, pay their operating costs, and make a profit. Customers compare products based on retail prices and decide how to allocate their money. Businesses rely on selling prices to determine revenue from sales and achieve business goals.

Learn more about the selling price here: brainly.com/question/1153322

#SPJ4

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Answer:

(a) (i) Define the term "Green Revolution" as used during the period 1945 to 1985.

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(ii) Explain the principal agricultural practices/technologies associated with the green revolution.

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(iii) Name TWO regions, in different parts of the world, where the green revolution has had a significant impact on crop yields.

  • In North America, Mexican food production increased and they stopped importing food. Although currently that has reversed, and it is importing even more food than before.
  • In Brazil, agricultural production increased dramatically. Both total farmed area and yields have continued to increase in the past years becoming a threat to the amazon basin.

(b) Identify and discuss TWO social, political, or cultural conditions necessary for the success of the agricultural practices/technologies of the green revolution.

  • Emigration from rural areas to urban areas which resulted in a rapid expansion of urban centers. Since less labor was needed in farms, many people left rural areas due to lack of jobs.
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(c) Identify and discuss TWO significant economic or ecological factors that may limit the long-term success of the agricultural practices/technologies of the green revolution.

  • Many new agricultural techniques have resulted in a decrease of soil fertility. In many places crops cannot grow unless a lot of fertilizer is used.
  • Countries were the green revolution was originally successful, like Mexico (where it started), have reduced the total area dedicated to crops. As the yields increased, the price of food started to decrease and many small farms could not keep operating.  
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If Bread and Butter Bakers meet their sales goal, their net profit per month is $11,500

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