1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Colt1911 [192]
3 years ago
13

Columbus Inc. sells a high end hair dryer in a super competitive marketplace. As a result, market research and competitive press

ures influence the determination of their selling price. Their marketing department has done a comprehensive analysis and It looks like a price of $53 would be appropriate given the present business environment. The company has a goal of earning $26 on each unit. What is the target unit cost of each hair dryer? Enter your answers without dollar signs or commas.
Business
1 answer:
soldier1979 [14.2K]3 years ago
3 0

Answer:

The hair dryer cost cannot exceed 27 dollars per unit

Explanation:

the target cost will the one which achieve the target profit at the selling price of the market.

In this case we are given that selling price is $53 and we want to achieve a 26 dollar gain per unit therefore:

revenue - cost = profit

revneue - profit = cost

53 -26 = cost

cost = 27

You might be interested in
Consumers will willingly make less-informed decisions: a. ​ if information costs are less than the perceived benefits of gatheri
ikadub [295]

Answer:

The correct answer is option d.

Explanation:

In a perfectly competitive market, it is assumed that the buyers and sellers have perfect information and take their economic decisions accordingly. But in reality, buyers and sellers do not have perfect information.

Information comes at a cost, which can sometimes be high. The rational decisions of the consumers without full information can lead to irrational outcomes.

If the cost of gathering information is less than or equal to the benefit earned from the information, the consumers will gather information and make fully informed decisions.  

But if the cost is higher than the benefits, the consumers will not gather information and make a less informed decision.

7 0
3 years ago
Sheffield Corp. compiled the following financial information as of December 31, 2017:
kramer

Answer:

Explanation:.

3 0
3 years ago
A private university offers graduate assistantships to qualified students each year. In exchange for the waiver oftuition, gradu
alina1380 [7]

Answer:

A. tuition revenues of $4,000 and expenditures of $4,000.

Explanation:

If the student is not employed as a graduate assistant required to assist faculty members with research and other activities, we will have one:

a. The student will have to pay $4,000 tuition. This is a revenue to the university.

b. The private university will employ a research assistant and pay him $4,000. This an expenditure to the university.

Therefore, this transactions have to be required as highlighted in a. and b. above to track the actual revenue and expenditure implication of the waiver despite cash does not exchange hands.

7 0
4 years ago
A piece rate worker is paid
OleMash [197]

Answer:

nothin

Explanation:

They don't work hard enough

oh no

our table

it's broken!!!!!!

7 0
3 years ago
Foreign investors have preferred to invest in the united states except for which of the following reasons?
Solnce55 [7]
One of the main hinders of foreign investors on investing in the United States is that the U.S. is less stringent in regulating securities markets. This can be blamed on the rapid increase of trading volume competition which negates the market regulation.
4 0
3 years ago
Other questions:
  • Suppose that the position of a​ nation's long-run aggregate supply​ (LRAS) curve has not​ changed, but its​ long-run equilibrium
    8·1 answer
  • The manager of Gloria's Boutique has approved Carla's application for 24 months of credit with maximum monthly payments of $70.I
    6·1 answer
  • What is the expected dollar rate of return on dollar deposits with today's exchange rate at $1.10 per euro, next year's expected
    12·1 answer
  • On January 1, 1980, Jack deposited 1,000 into Bank X to earn interest at the rate of j per annum compounded semi-annually. On Ja
    10·1 answer
  • Select the correct answer from the drop-down menu.
    5·2 answers
  • The main disadvantage of an emissions tax is that :______.a) the total pollution reduction from an emissions tax cannot be known
    13·1 answer
  • To maintain a good credit score you must...
    5·2 answers
  • CTSOs are especially helpful for people who are applying for which things? Check all that apply.
    15·2 answers
  • 1. Employees at a call centre have earned a bonus of 0.25% of their salary. The bonus that an
    10·1 answer
  • Five business ideas that interest me are starting a pet sitting service, opening a place that help disabled pets, opening up a p
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!