Answer:
A profit margin of 10% indicates that:
for every $1 in net sales, the company generates $0.10 in net income.
Explanation:
Company B's profit margin measures the degree to which the company makes extra money after deducting the expenses from the sales revenue. When expressed as a percentage, it indicates how many cents of profit has been generated for each dollar of sales.
Answer: marketing tactics
Explanation:
1,244 but ima follow so 1,245
If, when you consume another piece of candy, your marginal utility is zero, then you have gotten the most out of eating candy overall.
<h3>What is marginal utility?</h3>
- Utility in economics refers to the pleasure or advantage obtained from using a thing.
- A good or service's marginal utility quantifies how much consumers enjoy or are satisfied after increasing or decreasing their use by one unit.
- You may purchase an iced doughnut, for instance. You consequently gain some degree of utility or satisfaction from it.
- The general rule in economics is that marginal utility equals total utility change divided by change in quantity of goods.
- The equation looks like this: Total utility difference divided by amount of commodities difference equals marginal utility.
Learn more about marginal utility here:
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Answer:
B) $125,000
Explanation:
Price discrimination strategy refers to charging each customer the maximum amount of money he/she is willing to pay for a product.
In this case, the concert promoters should charge $150 per ticket to 1,000 die hard fans = $150,000 in revenue.
Then it should charge only $50 per ticket to 500 casual fans = $25,000 in revenue.
Total revenue = $150,000 + $25,000 = $175,000
<u>minus total costs = ($50,000) </u>
Net income = $125,000
