I think it would be option D. as financial brokerage belongs in the finance career cluster.
Hope it helps!
Answer:
d. the firm has no individual effect on the market price.
Explanation:
Price taker -
It refers to the company or an individual who need to get the prevailing price of the market and have lesser market share , is referred to as price taker .
The price taker does not have the capability to alter the market price , because it does not have enough power to do the same .
A price taker can be any one in the economy , and can freely take entry and exit .
Hence, from the given information of the question,
The correct option is d.
Answer:
The correct answer is letter "A": sales promotion.
Explanation:
Sales promotion is the marketing technique in which the benefits or special features of a product or service are provided to potential customers directly. In some cases, the sales promotion also is provided to the distribution channel so later the distribution channel reuses the information obtained to promote the same goods or services to the final customers.
Answer:
$235,000
Explanation:
The computation fo the safety margin is shown below:
As we know that
Margin of safety = Expected sales - break even sales
where,
Expected sales is
= 29,000 units × $50
= $1,450,000
And, the break even sales is
= Fixed cost ÷ contribution margin per unit
= $486,000 ÷ ($50 - $50 × 0.60)
= $486,000 ÷ $20
= 24,300 units
And, the selling price is $50
So the break even sales is
= 24,300 units × $50
= $1,215,000
So, the safety margin is
= $1,450,000 - $1,215,000
= $235,000
