Answer:
While setting the price of a product, managers must consider all of the following: A) cost of the whole marketing mix B) buying capacity of the customers C) profit it should bring the company D) transportation cost E) personnel cost to the company
Explanation:
Key factors in calculating the sale price can be:
- Costs are a major factor in determining the selling price and a way of forming a price that is primarily related to costs called “ground” because it represents the minimum at which the price can be set. It includes cost plus other costs with no projected or minimal profit;
- Demand/buying capacity as a key factor in price calculation is tied to a method called the "ceiling" because capacity exceeds the price limit that customers are willing to accept to get a product or service.
- Competition as a pricing factor refers to alternatives that customers can choose from, and competition allows them to do so;
Cost-based pricing has its sub-methods such is Cost plus method
The basic principle is to add a rate of profit to the sum of direct and indirect costs. This way price consider a profit to it should bring to company.
Direct costs include material and labor costs, and indirect or general costs comprise a portion of fixed indirect costs such as depreciation, administration costs, sales costs and other general costs.
Formula: price = Direct costs + Indirect costs + Rate of profit
Answer:
You could have done a transaction that you didn't take into consideration in the check register.
this might be:
1. check
2. debit card withdrawal or POS transaction
3. Bank charges
4. fees for an order of checks
Answer:
Given : Inverse demand function : P = 150 - 3Q
Marginal cost of producing at facility 1: MC1(Q1) = 6Q1
Marginal cost of producing at facility 2: MC2(Q2) = 2Q2
Here we will first find Total Revenue.
i.e. Total Revenue(T.R) = P*Q
T.R(Q) = (150 - 3Q)*Q = 
Where 
(a) MR = 150 - 6Q
(b) Since we know that profit maximizing condition is given as :
MR = MC
Therefore , profit maximizing condition for facility 1 is
= 
Similary profit maximizing condition for facility 2 is
= 
Now, evaluating these two equations. We get ;
-
Therefore, the profit maximizing level of output for facility 1 is
(c)The profit maximizing price is
P = 150 - 3Q
P = 90
D. to use the item to cause harm to another person
Answer:
(a) 2%
(b) 40 days
Explanation:
given data
purchased = $5,000
solution
we have given term 2/10, n/40
so payment is done with in 10 days from date of purchase
so 2 % discount is allowed
and
term show that due date for payment is 40 days from date of purchase
if we not done with in limit
so it is consider as a late
