Answer:
$80
Explanation:
Brosen incorporation has just designed a new product.
The target cost of the new product is $64
Let y represent the target price
Broken requires the new product to have a profit of 20%
= 20/100 × y
= 0.2×y
= 0.2y
Therefore, the target price can be calculated as follows
Target cost+ Target profit= Target price
64 + 0.2y= y
64= y-0.2y
64= 0.8y
y= 64/0.8
y= 80
Hence the target price for the new product is $80
Answer:
"Social efficiency" seems to be the correct option. A further explanation is given below.
Explanation:
- This is already defined as social productivity or efficiency, as customer choice or requirement or desire is taken into account as a key motivating power for the manufacture or sales of products and services.
- The prices of goods and products are based on the choice or desires of the customer. Commodities are manufactured in this economic situation up to the mark or stage at which something unit of items & services provides a positive revenue equivalent to the marginal expense of output of these units.
Answer: spend less than you have earned, save and plan
Explanation:
Answer:
B. Collateral promise.
Explanation:
Collateral promise refers to a promise to pay the debt of another that is ancillary to an original promise. It is an undertaking which renders the promisor a guarantor or surety upon a debt owing by a third person who is primarily liable. It is not made for the benefit of the party making it.