Answer:
the target selling price is $76.70
Explanation:
The computation of the target selling price is shown below:
= Total cost + 1 × markup percentage
= ($17 + $6 + $3 + $19 + $1 + $13) × (1.30)
= $76.70
hence, the target selling price is $76.70
We simply applied the above formula so that the target selling price could be determined
Answer:
The conjunctive rule
Explanation:
Conjunctive rule in consumer decision-making involves the customer making a minimum acceptable level of each of the attributes that affect buying decision. Once the product does not meet any one of the set criteria the product is discarded.
In this instance Carl wants to buy a video game console. He has identified 2 attributes and set a minimum acceptable level that if not satisfied the product will be rejected. He is using the conjunctive rule in making purchases.
Answer:
12
Explanation:
At the price of $24, the demand is 36
At the price of $30, the demand is 24
change in quantity demanded
= 36-24
= 12
Answer:
Thank you for the points ^-^
Explanation: