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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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nlexa [21]

Answer:

The answer is "Choice d"

Explanation:

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Tresset [83]

Answer:

d. prevents the economy from producing its potential level of real GDP.

Explanation:

Price-stickiness or Wage-stickiness, is a term that describes a condition in which a nominal price or wage is resistant to change. Often referred to as Nominal Rigidity, this occurs when a price or wage is fixed in nominal terms for a given period of time.

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5 0
3 years ago
Planning for capital expenditures is necessary for all of the following reasons except:
True [87]

Answer:

The correct answer is (C)

Explanation:

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3 0
3 years ago
The economic situation of Rutenia is characterized by the following facts: GDP. Strong economic growth, of about 4%. Unemploymen
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Answer:

See below

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Although a great GDP of 4% gives the impression of a strong economy, as is the case here, the inflation rate is much higher than desired. So, economic policies need to be reviewed in order to determine where the problem lies and what steps can be taken to remedy this situation.

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Answer:

B. Joint venture

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3 years ago
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