Answer:
30,154 units
Explanation:
In this question we use the formula of break-even point in unit sales which is shown below:
= (Fixed expenses) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $15 - $8.5
= $6.5
And, fixed cost is $196,000
Now put these values to the above formula
So, the value would equal to
= ($196,000) ÷ ($6.5)
= 30,154 units
The Pricing strategy which Dream Homes implemented is known as Price lining (Option A) which categorized the prices accordingly with the financial soundness of the customers.
Explanation:
The demand for more goods always plays a vital role in ensuring good sales. The likes of the customers towards particular products depend upon the nature of unique features and its fine quality. By capturing the pulse of the purchasing power of the customers, the business ventures fixed the prices according to the level of economical weaker sections, middle, and high-income groups.
In this case, Dream Homes fix the price of freezers by measuring the ability of customers' to buy them without compromising with the customers requirements. Dream Homes uses the price lining method to gain customers' reputation by selling the products accordingly with their status of income level.
The STEEPLE model is a very complete model that can be used to analyze the factors that affect a specific situation.
<h3>What is the STEEPLE model?</h3>
This is an analysis model in which each letter represents a factor to be analyzed:
- Social
- Technology
- Economic
- Environmental
- Political
- Legal
- Ethical
<h3>What is an example of this model?</h3>
Let's analyze a war between two countries:
- Social: The families are negatively affected by the war.
- Technology: Weapons and other technologies are used as part of the war.
- Economic: The economy of the countries involved and other nearby countries can be negatively or positively affected.
- Environmental: There is pollution due to waste derived from weapons.
- Political: Most wars are the result of political conflicts.
- Legal: There are specific international rules that regulate wars.
- Ethical: The use of weapons against a population rises ethical concerns and dilemmas.
Learn more about analysis in: brainly.com/question/5040600
Answer:
Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.
Explanation:
Expected return= free return + Beta (Expected rate of return – risk free rate)
Portfolio A
6%+ +.8*6%
= 6%+4.8%= 10.8%
Portfolio B
6%+1.5(6%)
6%+9%= 15%
It depends on different factors. Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.
Explanation:
When I think about the term marketing mix, I think about a set of tools that firms use to increase their profits such as price, product, promotion and place.
