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kakasveta [241]
3 years ago
15

Average cost pricing

Business
1 answer:
kumpel [21]3 years ago
7 0

Answer:

4. is most likely to result in the expected level of profit when demand is inelastic within the range of possible prices.

Explanation:

Average cost pricing is most likely to result in the expected level of profit when demand is inelastic within the range of possible prices. The average cost pricing rule is a pricing strategy that regulators impose on certain businesses to limit the price they are able to charge consumers for its products/services equal to the costs necessary to create the product/service. This implies that businesses will set the unit price of a product relatively close to the average cost needed to produce it.

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The company should hire 2 min in television and 3 min in radio.

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Tiger Trade has the following cash transactions for the period.
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<u>Total cash flow from operating activities $23,000</u>

Cash flows from investing activities:

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<u>Total cash flow from investing activities $7,000</u>

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<u>Total cash flow from financing activities ($5,000)</u>

Net cash increase                                                               $25,000

Cash balance at the beginning of the period                     $4,000

<u>Cash balance at the end of the period                            $29,000</u>

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3 years ago
Greg, a landscaper, is planning on opening his own landscaping company. He currently earns $50,000 per year working for his uncl
schepotkina [342]

Answer: $52,840

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