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Vika [28.1K]
3 years ago
9

If you buy fewer than 10 pairs of UVex Clear UVExtreme safety eyewear for your employees, the cost is $7.40. But if you buy 10 o

r more pairs in a single purchase, the price per pair is reduced to $6.85. This is an example of a:
Business
1 answer:
juin [17]3 years ago
7 0

Answer:

quantity discount

Explanation:

A quantity discount is a stimulus rendered to a buyer that brings about a decrease in cost per unit of goods or materials when purchased in greater numbers. A quantity discount is often rendered by sellers to attract customers to purchase in larger quantities.  

The seller is able to sell off more goods or materials, and the buyer gets a more better pricing for them. At the consumer level, a quantity discount can appear as a BOGO (buy one, get one discount) or other incentives, such as buy two, get one free.

You might be interested in
Suppose Pump-U-Up lowers the price of its gym membership by 10 percent and as a result, Sweat-It-Out experienced a 16 percent de
konstantin123 [22]

Answer:

The Cross elasticity of demand will be the change in demand at Sweat-it-out divided by the change in price at Pump-U-Up

=-0.16/-0.1

= 1.6

Explanation:

The Price decrease from Pump-U-up = 10%

And the resultant decline in Gym membership at sweat-it-out is 16%

The Cross elasticity of demand will be the change in demand at Sweat-it-out divided by the change in price at Pump-U-Up

=-0.16/-0.1

= 1.6

A Positive Cross - Price elasticity indicates both Gyms are close substitutes of one another.

An attempt by one to lower its price will directly impact negatively in membership of the other.

The strategy often adopted in such line of Business is to keep prices at Par or offer distinctive services outside of the traditional, e.g include a Spar into the gym membership, or access to discounted toning or body building products etc.

5 0
3 years ago
Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. T
fomenos

Answer:

Part (a)

At the break-even position, the Income Statement is as under:

Sales   12500 * $180                     $2,250,000

Variable costs  12500 * $135       <u>(</u><u>$1,687,500</u><u>)</u>

Contribution Margin                       $562,500

Fixed Cost                                      <u>($562,500)</u>

Profit for the year                              $0

Part (B)

The sales required to breakeven due to increased fixed cost is $2,790,000

Explanation:

The breakeven point at normal fixed costs is:

Breakeven Point = Fixed Cost / Contribution per unit

Putting values we have:

Breakeven Point = $562,500 / ($180 - $135)  = 12500 Units.

If the fixed costs increases by $135,000 which means the fixed cost becomes $697,500 then the breakeven point increases to:

Breakeven Point = $697,500 / ($180-135) = 15500 Units

The Sales required in dollars to breakeven on this new fixed cost level is:

Breakeven Sales = 15500 Units * 180 = $2,790,000

6 0
3 years ago
A company had the following purchases and sales during its first month of operations: January 1 Purchased 10 units at $4.00 per
iragen [17]

Answer:

$59.00.

Explanation:

Because it is perpetual method we will check the inventory available at the moment of each sale.

<u />

<u>First sale:</u>

Inventory Available Jan 1st 10 units at $4

sales 6 units COGS $4 = 24

<u>Second Sale:</u>

Inventory Available Jan 1st   4 units at $4         $16

                               Jan 17th  8 units at  $5.5     $44

Total 12 untis at $60 = 60/12 = $5 per unit

sales 7 units COGS $5 = 35

Total COGS 35 + 24 = 59

4 0
3 years ago
Which one of the following is not true when the economy is in macroeconomic​ equilibrium? A. When the economy is at​ long-run eq
uranmaximum [27]

Answer:

The correct answer to the following question will be Option C.

Explanation:

  • Throughout the macroeconomic equilibrium, the aggregate supply curve becomes equivalent to something like the supply curve, the real GDP seems to be comparable to potential Output (GDP), however, if frictional as well as systemic unemployment seems to be the maximum total poverty throughout the longer term.
  • Consequently, whenever the economy seems to be in macroeconomic equilibrium, the argument which is not accurate would be that the businesses would have excess power.

So that Option C is the right answer.

6 0
3 years ago
Another bank is also offering favorable terms, so Rahul decides to take a loan of $18,000 from this bank. He signs the loan cont
Snowcat [4.5K]

Answer:

The total amount that Rahul owes the bank at the end of the loan's term is $18,455.61

Explanation:

Hi, in order to find the total amount that Rahul will owe the bank in 3 months, we need to use the following formula (this is for a compounded daily rate).

FutureValue=PresentValue(1+\frac{r}{365} )^{\frac{n*365}{12} }

Where:

r = compounded rate (in our case, 10% compounded daily)

n = time in months of the loan

PresentValue = $18,000

Everything should look like this.

FutureValue=18,000(1+\frac{0.10}{365} )^{\frac{3*365}{12} }

FutureValue=18,000(1+0.000273973 )^{91.25 }=18,455.61

So, the total amount that Rahul owes the bank at the end of the loan's term is $18,455.61

Best of luck

5 0
3 years ago
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