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Juli2301 [7.4K]
3 years ago
9

Firms usually implement ________ when they have a particular profit goal as their overriding concern.

Business
1 answer:
Step2247 [10]3 years ago
7 0

Answer:

target profit pricing

Explanation:

Based on the information provided within the question it can be said that the firms in this situation usually implement target profit pricing. This term refers to a method of determining how many units of a product need to be sold in order to cover the costs of production as well as achieve a set profit margin. This is usually a goal/target that is set and hoped to be achieved by the end of the year.

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Explanation:

<u>First, we need to calculate the future value at the end of the period:</u>

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