Cost-plus pricing<span>, also known as mark-up </span>price<span>, takes place when a firm calculates its unit costs and then adds a percentage profit to determine </span>price<span>.</span>
Answer:
The correct answer is profit of $2.3 by selling it in Mexico.
Explanation:
According to the scenario, the computation of the given data are as follows:
In the United states Cost of shoes = $45
In Mexico, Cost of Shoes = 430 Pesos ( where $0.1100 = 1 pesos)
So, 430 Pesos = 430 × $0.1100 = $47.3
So, we can calculate the profit to sell in Mexico as follows:
Profit to sell in Mexico = Sell price in Mexico - Sell price in US
= $47.3 - $45
= $2.3
So, the arbitrage opportunity exist by buying the shoes in Pesos and selling it in Mexico, one can make a profit of $2.3 per shoes.
The danger temperature zone is a range between 40°F and 140°F. My guess would be 41°F
Answer:
The answer is D. Puffery.
Explanation: When an advertisement is being made, certain boastful and exaggerated claims can be made by a company about the superiority and uniqueness of their product.
This claim is termed as Puffery.
Puffery is defined as advertising or promotional content that makes exaggerated or boastful statements about a product or service that are based on opinion rather than something that can be measured.
Puffery in advertising is done based on the chance that no reasonable person would presume the exaggeration to be literally true.
This is what Esme Inc. has done by claiming that its mascara is the best in the world, and also gives ten times more volume to the eyelashes. This is an exaggerated claim.
