If you set the selling price of each unit at $16, the expected profit per customer is: $6.
<h3>Expected profit</h3>
Using this formula
Expected profit=Lowest amount willing to pay-Marginal cost
Where:
Lowest amount willing to pay=$10
Marginal cost=$4
Let plug in the formula
Expected profit=$10 - $4
Expected profit= $6
Therefore if you set the selling price of each unit at $16, the expected profit per customer is: $6.
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Answer:
Option D, Direct Materials, Direct Labor, & Manufacturing Overhead
Explanation:
Process costing with in a company is used as a method to assign manufacturing costs to the product units produced which are nearly identical.
For all items manufactured in a manufacturing firm, some process related cost is common in all cases such as direct material cost, conversion cost, labor cost etc. Also these cost parameters are same from one department to other.
Hence, option D is correct
When prices are high, people stress more.
Answer:
b. expectations that stock prices would fall further could shift the AD curve further to the left.
Explanation:
The AS/ AD model stated the aggregate supply and aggregate demand model which stated level of prices and its output by maintaining the relation between the supply and demand
As in the given situation, it is mentioned that the aggregate supply of short run decline and that brings deflation and it moves the economy back to the output i.e potential. It impacts the expectation of stock prices would result in declines and further it shifted the AD curve to the left side
Hence, the correct option is B.
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