Answer:
The correct answer is:
a. Jean should raise her price (b)
Explanation:
We have to choose an option that is correct, and in order to do so, we will first analyse the total amounts involved in Jeans cost price and selling price respectively.
Cost price = total variable cost + total fixed cost
= 3,300 + 300 = $3,600
Selling price;
price per bushel = $6
Number of bushels = 600
Therefore, total selling price = 6 × 600 = $3,600
From the analysis above you will discover that the cost price and the selling price is the same, and the purpose of going into business is to make profit, in keeping with this, the best option is option "a" ; Jean should raise her price.
The other options are wrong because, Jean is not earning positive economic profit (b), she is not making profit at all,
Jean is not making a loss, so option (c), is wrong.
Jean is not making profit, so option (d) is also wrong
McLaughlin is demonstrating the participative style of management. Participative management allows employees to contribute ideas and thoughts inthe workplace. There are many different styles of management but with participative, employees feel that their opinion matters and it enourages employees to succeed. When a manager or coworker treats an employee as an equal and allows them to share their opinions, there are better decisions and business goals achieved because they feel important.
Answer:
(1) The team could give some percentage discount or incentives for other days.
(2) The team can engage in discriminate pricing, selling at a higher price on Sundays afternoons.
Explanation: Pricing strategy is the process through which the price of a particular goods or service is determined, pricing strategy is essential for a successful business and to ensure profitability.
Price discrimination is one of the process or Strategies that can be used to price products or services. Price discrimination ensures that different prices are given for different services or times or products.
THE TEAM CAN IMPLEMENT PRICE DESCRIMINATION BY INCREASING THE PRICE FOR SUNDAY AFTERNOON GAMES.
IT CAN ALSO GIVE SOME DISCOUNTS OR INCENTIVE TO ATTRACT PEOPLE TO WEEK DAY GAMES.
Answer: To be for real I dont know?????? Sorry:(
Explanation: