Nurse is an example of that
Answer:
False
Explanation:
Contribution margin per unit = Sales - variable cost
Contribution margin per unit (Model A) = $432 - $404
Contribution margin per unit (Model A) = $28 per unit
Contribution margin per unit (Model B) = $410 - $304
Contribution margin per unit (Model B) = $106 per unit
False, Contribution margin per unit (Model B) is higher so, motivated to push sales of Model A will be false.
Break-even in units = Fixed cost / Contribution margin per unit
Break-even in units (Model A) = Fixed cost / $28
Break-even in units (Model B) = Fixed cost / $106
Answer and Explanation:
The computation of the amount is shown below:
a. For FOB destination
= Merchandise price - Returns and allowances - discount
= $6,700 - $1,750 - ($6,700 - $1,750 )× 2%
= $6,700 - $1,750 - $99
= $4,851
b. For FOB shipping point
= Merchandise price - Returns and allowances - discount + Freight In
= $3,300 - $1,200 - ($3,300 - $1,200) × 1% + $200
= $3,300 - $1,200 - $21 + $200
= $2,279
The ability of Miguel to recall those brands of detergent is known as Retrieval set in marketing.
In marketing, the term "Retrieval set refers to series of brands that a consumer can recall from their memory whether they are making purchase or not".
Here, Miguel can easily call to his mind different brand of laundry detergents whether he is considering buying them or not.
The ability to recall those brands is known as Retrieval set in marketing.
Therefore, the Option A is correct.
Read more about this here
<em>brainly.com/question/8570566</em>
Answer: Please refer to Explanation.
Explanation:
Monopoly.
The 2 reasons why the monopoly’s marginal revenue will always be less than its price are;
a) Even though Monopolies have very large influence on the prices of goods and services they offer, for a Monopoly to sell more goods, they generally have to lower their prices. This will lead to a situation where Marginal Revenue, which is the additional revenue made per additional unit sold will be less than Price because additional revenue for a new unit will be less than the last one because prices are dropped .
b) A Monopoly's demand schedule is downward sloping. This means that demand rises as prices drop. As prices drop therefore, more goods will be sold but the marginal revenue will be less because prices had to be dropped to get an additional unit to be sold. That unit therefore will bring in less revenue than the last unit.
Perfectly Competitive Market
In such a market, the seller is a Price Taker. This means that sellers in this market do not sell at a price that they want but rather at a price the market has established to be the Equilibrium. This is because of the high competition in the market. Since they are all selling at the same price, this means that every additional revenue they get is the same as the price the market charges. This means that Price equals Marginal Revenue in this market.
