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alex41 [277]
3 years ago
15

Now click on the BACKPACK tab. As you select each design component, you will add to the DESIRABILITY of your backpack and its PR

ODUCTION COST. Our financial team has asked us to aim for a production cost that is 50% of the retail price. Knowing that the average retail price is around $24, what is a reasonable production cost for a backpack in this segment
Business
1 answer:
Sloan [31]3 years ago
8 0

Answer: $12

Explanation:

The reasonable production cost for a backpack in this segment will be calculated as 50% multiplied by the average retail price which will be:

= 50% × $24

= 50/100 × $24

= 0.5 × $24

= $12

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Explanation:

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This is section 3.7 problem 60: a clothing manufacturer has the cost function c(x)=1200+30x+0.5x2 , (in dollars), 0≤ x≤ 250 , wh
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90 suits per week must be produced and sold to achieve the maximum profit of $2,850.

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The profit function is given by the revenue function minus the cost function:

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The profit generated by producing 90 suits is:

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3 years ago
The following U.S. Treasury bond is listed in the The Wall Street Journal: Rate Mo/Yr Bid Asked 9.50 Oct 38 135:30 136:04 This $
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6.35%

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4 years ago
Which factors can affect a stock's price? Check all that apply.
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I have no idea haha but how’s your guys day going
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