Answer:
$810
Explanation:
The computation of the price that charge by the company is as follows:
As we know that
Markup percentage = 100 × (sales price - cost) ÷ (cost)
As the cost is depend upon variable manufacturing cost only
so cost would be $270
Now
markup percentage = 100 × (sales price - $270) ÷ 270
200 × $270 = 100 × (sales price - $270)
sales price = $270 + $540
= $810
<u>Solution and Explanation:</u>
<u>Setting a Goal = B
</u>
Basis the past data and knowledge, 90 seconds is set as target for maximum time to hold
.
<u>Developing a Action Plan = A
</u>
The contingent call center workers are hired for anytime service and support to ensure hold time is less than 90 seconds
.
<u>Reviewing progress = C
</u>
In mid of the project, review is done to check how many times hold time exceeded 90 seconds
.
<u>Appraising performance = D
</u>
It is done at the end post project completion with data and results
.
Answer: As the firm produces more of a good, the cost of producing each additional unit increases this implies that the marginal cost of producing a good increases as it makes more of that good.
Explanation: Marginal cost of a producer refers to the addition in total cost when one more unit of a good is produced.
It is given by
Refers to the following situations,
MC increases when adding output increases TC or Total Cost
MC decreases when adding output decreases TC
MC remains constant when adding output does not change TC
The supply curve of the firm is an upward sloping curve, which shows that quantity increases as price increases.
So, in relation to this, it means that MC will also increase as quantity increases.