Answer:
The markup calculated as a result of information about the elasticity of demand
Explanation:
As a monopoly seller of pharmaceutical products the price set as markup would be above our marginal cost.
There are three facts about markup:
1. The Markup is not to be a price below marginal cost of the pharmaceutical product.
2. Markup is smaller when demand is more elastic. Remember if the price elasticity of demand is lower than 1, (negative) a rise in price causes an
increase in revenue for the seller.
Therefore having a -4 elasticity of demand could imply more profits for the firm.
Answer:
Budgeted cost of goods sold = $7,650,000
Explanation:
Computation table for budgeted cost of goods sold
<u>Particular Amount </u>
Total Sales 225,000
Add: Desired stock in hand 90,000
<u>Less:</u><u> Beginning stock 60,000 </u>
<u>Budgeted production 255,000
</u>
Budgeted cost of goods sold = 255,000 x $30
Budgeted cost of goods sold = $7,650,000
Answer:
C.
“entrepreneurship + business + development - branding”
Explanation:
Researchers usually put a hyphen before a word as a technique to exclude it from online search results. This method allows for narrowing down results to the desired pages only. When searching for keywords that are frequently used together, putting a hyphen helps exclude unwanted results.
Answer:
source-
One of the most common predictive models is the waterfall model. It assumes various phases in the SDLC that can occur sequentially, which implies that one phase leads into the next phase. In simple words, in waterfall model, all the phases take place one at a time and do not overlap one another.
in your own words-
One of the foremost common prognostic models is that the falls model. It assumes varied phases within the SDLC which will occur consecutive, which suggests that one section leads into following section. In straightforward words, in falls model, all the phases occur one at a time and don't overlap each other.
Explanation:
source is where i got the imformation and the in your own words is it fully rewritten, sorry its a bit lengthy and hope this helps have a god day/night/noon! :)
<span>Having fewer customers in a business market can be a positive, since it allows for the business to get to know those customers they do serve more closely and allows them to better cater to their needs. However, it can also be a negative because it makes every transaction with a customer vital to the overall bottom line and the vitality of the business.</span>
