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PIT_PIT [208]
3 years ago
7

How is the value of a product determined?

Business
2 answers:
guajiro [1.7K]3 years ago
7 0

Answer:

A By the amount a consumer is willing to pay for it

Explanation:

thats what it is on Enginuity

Gelneren [198K]3 years ago
4 0

Answer:

its either a or b

Explanation:

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Socks unlimited produces sport socks. the company has fixed expenses of $ 85 comma 000 and variable expenses of $ 1.20 per packa
aivan3 [116]

Answer:

Contribution margin per unit = Sales price per unit – Variable cost per unit

$2 - $1.20=$0.80

The contribution margin per package is $ 0.80.

Breakeven sales in units = Fixed expenses + Operating income ) / Contribution margin per unit $85,000 + $22,000/0.80 = 133,750 packages

Contribution margin per package = $2 - $1.00 = $1.00

Breakeven sales in units = Fixed expenses + Operating income ) / Contribution margin per unit

$100,000 + $22,000/$1= 122,000 packages

The firm will have to sell 122,000 packages to generate $22,000 of operating income. Socks unlimited would have to sell 11,750 less packages of socks to earn $22,000 of operating income. The increase in fixed costs was completely offset by the decrease in variable costs at the prior target profit volume of sales. Therefore, the firm will need to sell less units in order to achieve its target profit level.

6 0
3 years ago
A broker listed a $75,000 property and the agreement read that the owner would NOT take more than a 25% cash offer. The broker p
Mashutka [201]

Answer:

The correct answer is  - No,

Explanation:

The correct answer is  - No,

The answer is no because the broker brings a buyer who is ready to give 1005 cash offer which is against the legal agreement defined by the owner. owner state that he is only taking a 25% cash offer.

Therefore the owner wouldn't consider the broker and didn't due broker commission.

8 0
3 years ago
App Holdings is expected to pay dividends of $1.50 every six months for the next three years. If the current price of App Holdin
Y_Kistochka [10]

Answer:

The answer is $34.36

Explanation:

FV = PV x (1 + R x ((1 + r))^T =  $22.6 x (1 + {($1.5 / $22.60) x [1 + (18% / 2)]}^6 = $34.36

8 0
3 years ago
What is Kevin’s net worth on May 31, 2013?<br> $4,050<br> $9,260<br> $13,200<br> $22,460
Alchen [17]

$4,050, i got that by adding up each size than subtracting the totals

4 0
3 years ago
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Marketing activities create millions of jobs.<br><br> True<br><br> False
rjkz [21]

Answer:

I believe that this answer is true

Explanation:

4 0
3 years ago
Read 2 more answers
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