What are targets for a business to achieve?

The owner of Marshall Restaurant is disappointed because the restaurant has been averaging 7,500 pizza sales per month, but the

Troyanec [42]

Answer:

No of units 6,000 7,500 10,000

Total fixed cost $12,000.00 $12,000.00 $12,000.00

Total variable cost $9,000.00 $11,250.00 $15,000.00

Total cost $21,000.00 $23,250.00 $27,000.00

Fixed cost per pizza $2.00 $1.60 $1.20

Variable cost per pizza $1.50 $1.50 $1.50

Average cost per pizza $3.50 $3.10 $2.70

3 0

4 years ago

QUESTION 5 A and B are substitute goods, but A and C are complementary goods. If the cost of producing A decreases, then the dem

goldenfox [79]

Answer:

The correct answer is letter "D": B will decrease and the demand for C will increase.

Explanation:

Substitute goods are those whose quantity demanded are inversely proportional. It implies if the quantity demand for one product increases, the quantity demanded for its substitutes will decrease and vice versa.

Complementary goods' quantities demanded have a directly proportional direction. Thus, if the quantity demanded for one product increases, the quantity demanded for its complementary goods increase as well.

So, <em>the cost of producing good A will bring its prices down causing the quantity demanded for A to increase -demand law. Substitute good B will see its quantity demanded dwindled while complementary good C will see its quantity demanded increased.</em>

6 0

3 years ago

Diane owns a bakery where she sells cupcakes. Two blocks down there is another bakery, CC's Bakery, that sells cupcakes for $1 l

BabaBlast [244]

Answer:

competition based pricing

Explanation:

When a company engages in a competition based pricing strategy, they will set the price of their products or services taking based on the price of their main or direct competitor. The product or service provided by the competitor is used to benchmark both the price and quality of the goods and services offered by the company.

For example, Coca Cola products are used as a price reference for all the soda products sold by other companies.

8 0

3 years ago

A disadvantage of home ownership includes which of the following?

jekas [21]

Less mobile because the house has to be sold in order to move to another location

8 0

4 years ago

When the selling division in an internal transfer has unsatisfied demand from outside customers for the product that is being tr

Kruka [31]

Answer: c. the market price charged to outside customers

Explanation:

When a division is able to sell its products to customers outside the company for a certain price but instead has to transfer these to another division in the company, the minimum transfer price will have to be the selling price to the customers outside so that the division would not make losses.

The division that this good is transferred to will then reflect the cost of acquiring the goods as that selling price. This cost will be accounted for when the new division wants to sell their own goods that way this cost will be recuperated on a company level.

6 0

3 years ago