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
Oksanka [162]
3 years ago
7

Your typical markup for merchandise is 36%. Your cost on an item is $11.00. Calculate the selling price.

Business
1 answer:
wolverine [178]3 years ago
8 0

Answer:

$7.04

Explanation:

$11/10=$1.1 x 3= $3.30

$1.1/10=$0.11 x 6=$0.66

$3.30+$0.66=$3.96

$11-$3.96=$7.04

You might be interested in
Suppose that Steve heads to the local hamburger shop with $3, expecting to spend $2 for his favorite burger and $1 for French fr
PtichkaEL [24]

Answer:

Income effect

Explanation:

The effect is because the customer purchasing power has been changed due to which he is now able to buy more to fulfill his needs and wants. The income effect occurs due to two reasons.

Number 1. The real income of the person has been increased which means his purchasing power has been increased. This means previously you were earning $2000 a month and now you are earning $10000 a month. Now you can buy New Iphone every month because your real income has been increased and this has increased your purchasing power.

Number 2. The price of the product has been fallen and now it is in range of the purchasing power of the customer. This means that if Iphones 11 are available at $100 then everybody buy Iphone 11. This is because the product is in the range of purchasing power of greater number of customers.

5 0
3 years ago
All competitive advantages do not accrue to large-sized firms. A major advantage of smaller firms are that they ____ (A) have mo
madam [21]

Answer: All competitive advantages do not accrue to large-sized firms. A major advantage of smaller firms are that they "(B) can launch competitive actions more quickly."

Explanation: Smaller companies can launch competitive actions faster because being smaller, communication is much faster, and decision-making involves fewer interested people who may differ in opinions to direct competitive strategies.

4 0
3 years ago
The use of the Certified Public Accountant title is regulated by Question content area bottom Part 1 A. state law through the li
marshall27 [118]

Answer:

1.C

Explanation:

tama po yan

(- -) (- -)

✓ ✓

5 0
2 years ago
Which of the following is a comparative advantage?
Advocard [28]
Where are the options?
4 0
3 years ago
All of the following are true about time series methods EXCEPT a. they discover a pattern in historical data and project it into
motikmotik

Answer:

B. they involve the use of expert judgement do develop forecasts

Explanation:

A time series is a series of events that is spaced equally in time. It is a statistical technique used to identify a time based trend of events and them make forecast using data from the trend/time series.

Time series requires certain processes which include discovering of a pattern in the historical data, projection of the historical data into the future, assumption that the pattern will remain the same(constant) as the time goes by, etc.

In time series method, since historical data is the point of reference for making a forecast, no expert judgements is required to develop forecasts. This is because once the data of the series from the past has been taken and a trend/pattern has been identified, that becomes the basis for future forecasts.

Cheers.

8 0
3 years ago
Other questions:
  • Pepper Company is using the annual rate of return to evaluate a potential investment. The original investment required is $120,0
    12·1 answer
  • A company's normal selling price for its product is $20 per unit. However, due to market competition, the selling price has fall
    10·1 answer
  • AS/AD model - If there is a decrease in Aggregate Income and Spending in this economy, then the equilibrium could shift from ___
    10·1 answer
  • Dalrymple Company produces a special spray nozzle. The budgeted indirect total cost of inserting the spray nozzle is $ 12 comma
    14·1 answer
  • a newspaper reports that in urban area the average price of new homes had decreased, but the number sold had increased. The sita
    14·1 answer
  • On January 1, 2019, the board of directors was considering the distribution of a $63,500 cash dividend. No dividends were paid d
    14·1 answer
  • Which pricing policy would be best suited for a company that specializes in one unique product? Explain.
    9·1 answer
  • I made a website but I need help
    15·1 answer
  • The study of economics is really boring, and it has little to do with my daily life.
    15·1 answer
  • during 2017, trey corporation accrued warranty expense based on 3.5% of net sales revenue. during 2018, trey corporation revised
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!