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trapecia [35]
3 years ago
7

A custom tailor wishes to use target profit pricing to establish a price for a custom-designed business suit. Assume variable co

st is $200 per suit, fixed cost is $44,000, and the target profit is $50,000 based on a volume of 50 suits. What price should be charged for a typical custom suit?
Business
1 answer:
irina [24]3 years ago
8 0

Answer:

$2,080 per custom suit

Explanation:

The costs of 50 suits should cover the variable costs, the fixed costs and the expected net profit.

50 x price per custom suit = ($200 x 50) + $44,000 + $50,000

50 x price per custom suit = $10,000 + $44,000 + $50,000 = $104,000

50 x price per custom suit = $104,000

price per suit = $104,000 / 50 = $2,080 per custom suit

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A(n) _____ innovation initially provides a lower level of performance than the marketplace has grown to accept but is improved t
Anuta_ua [19.1K]

Answer: c.disruptive

Explanation: A disruptive Innovation is one that leverages new technologies to attack existing markets from the bottom up (existing market/new technology).

4 0
3 years ago
If you were given the task of totalling all the M1 money in circulation in the US, which of the following would you include in y
SVEN [57.7K]

Answer:

A

B

Explanation:

M1 is the most liquid definition of money. M1 includes currency and coin, demand deposits, travellers' checks, other checkable deposits

Savings account is part of M2

3 0
3 years ago
The internet service provider industry in the country of Megalopolis is an industry characterized bythe presence of strong netwo
soldier1979 [14.2K]

Answer:

The correct answer is letter "B": threat of new entrants is most likely low.

Explanation:

According to American Harvard professor Michael Porter (born in 1947), the Five Forces determine the competition in a market: <em>competition in the industry, the threat of new entrants into the market, bargaining power of suppliers, bargaining power of customers, </em>and <em>the threat of substitutes</em>.  

The threat of new entrants is stronger if the product of a given market is undifferentiated and does not offer any competitive advantage for consumers. Besides, the less established a company is, the more likely new entrants will appear with the intention of taking over the market.

Therefore,<em> if the internet service provider of Megalopolis has high brand loyalty, economies of scale, and proprietary technology it implies the firm offers differential advantages to its clients and that the firm is well-established. New entrants' threat is low under these circumstances.</em>

5 0
3 years ago
After her first business trip to a major city, Jayla is alarmed when she reviews her credit card receipts. Both the hotel bill a
Leto [7]

Jayla was not overcharged there has to be a reason for the excess amount.

<h3>What is a business trip?</h3>

This is a trip that is undertaken solely for reasons that are work related. Jayla was not overcharged on the trip as there could be a reason for the excess amounts.

<h3>What is an overcharge?</h3>

This is a charge that is said to be too high, based on the services that was rendered to a person.

Read more on business trips here: brainly.com/question/137937

3 0
2 years ago
Randy complained to his boss, Maryann, that he received the same bonus this quarter as everyone else, despite the longer hours h
const2013 [10]

Answer:

E. Working harder.

Explanation:

Motivation is getting people to work in order to accomplish a set goal. It is also the process of bringing out the best in people by making them know the reason for motivating them, which is premised on their needs not yet fulfilled.

It is the duty of manager to influence his or surbodinate positively in terms of being productive in order to improve their capacity and efficiency. A well motivated employee will have on the job satisfaction and individual self development.

Employees can be motivated through payment of incentives like bonus for working extra hours or for working on weekend which is outside of the normal working days.There is also affiliation motivation, which is a desire to socially relate with people and achievement motivation, which is a desire to purse a goal and achieve it.

As in the case above, Randy might gnore his feeling of not being adequately rewarded and work harder in next quarter.

5 0
3 years ago
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