Answer:
<u>The target cost per iron= $83.25</u>
Explanation:
Profit Required = Required Investment * required rate of return
= $ 3,500,000*15%
= $ 525,000
Sales= 300000*85=$25,500,000.00
Less: profit required=$525,000.00
Cost= Sales- Profit
Cost=24,975,000.00
Per Unit Target Cost = Total Cost / Total Units
= $ 24,975,000/ 300,000
= $ 83.25
The inverse relationship between price and quantity demanded can be graphically illustrated by <u>a downward sloping curve.</u> Therefore, Option D is the correct statement.
<u />
<h3>What is the relationship between price and quantity?</h3>
<u />
The law of supply and demand is a keystone of present-day economics. According to this theory, the price of a good is inversely associated with the quantity offered.
This makes the experience for plenty of goods because the more high-priced it becomes, much fewer people could be capable of affording it and the demand will finally drop.
Therefore, The inverse relationship between price and quantity demanded can be graphically illustrated by <u>a downward sloping curve.</u> Option D is the correct statement.
learn more about law of demand:
brainly.com/question/10782448
#SPJ1
Answer:
Cost
Explanation:
One of the component of Six Cs of distribution channel strategy is the Cost, which is defined as follows:
<em>The investment cost of developing the channel and continuing cost of maintaining it.</em>
<em />
Since the continuing cost of maintaining the brands in bad season is greater, the middleman may reject to handle brands in such season or a year.
Answer:indeed!
Explanation:
Globalization leads to increased competition! So this competition can be related to product and service cost and price, target market, technological adaptation, quick response, quick production by companies etc. When a company produces with less cost and sells cheaper, it is only able to
just increase its market share.6 oct. 2011
Answer: C) approve advertising
Explanation: A registered representative may be described as a licensed official equipped with the necessary training required to serve as a broker by functioning in its capacity to help and assist clients trading such as the purchase and sale of securities such as bonds, stock and mutual funds. Hence, registered representatives could be described as brokers, buyers and sales agents of different securities depending on the nature of the license held by the representative. Advert approval is thus not a function of a registered representative
