Answer:
The correct answer is option D.
Explanation:
The cost-plus pricing is a method of price determination. The price is fixed by adding a standard markup to the cost of the product.
We sum up the direct material cost, the labor cost and the overhead cost of a product. Then we add a certain percentage of markup to arrive at the selling price of the product.
An alternative to cost-plus pricing is value-based pricing.
Answer:
1)
cost of making (14000*22) = 308000
cost of buying (14000*(18+6)) = 336000
Difference cost = 28000
2)
No, Since, there is not other use of fixed cost, therefore, fixed cost will be a part of cost of buying.
3-a)
cost of making (14000*22) = 308000
cost of buying (14000*18) = 252000
3-b)
Yes, Since, there is other use of fixed cost, therefore, fixed cost will not be a part of cost of buying.
20 to 30 percent ... 70 to 80 percent are posted
If there was a 100 units decrease at every price level, the new equilibrium price would be<u> $2.00.</u>
<h3>Equilibrium Price </h3>
- Price where quantity demanded is equal to quantity supplied.
<h3>What is the New Equilibrium price?</h3>
Reducing by 100 units, all the quantity demanded units will lead to the following new units:
- $10 - 100
- $8 - 140
- $6 - 270
- $4 - 290
- $2 - 310
We can see that at $2, both the demand and supply are at 310 units which makes this the new equilibrium.
Find out more on the equilibrium price at brainly.com/question/14203212.
Answer:
<u>1. Johann is looking to double the profits of his lemonade stand</u>
Explanation:
Note that Johann was<em> still making m</em>oney from lemonade stand but was not content with the profits he was making that was his argument or reason for increasing the price of a cup of lemonade from 25 cents to 50 cents.
<em>Without having forsight</em> Johann's decision eventually resulted in him selling fewer cups at the new price and therefore making less money than before.
