A business received an offer from an exporter for 10,000 units of product at $17 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $20 Unit manufacturing costs: Variable 11 Fixed 1 What is the amount of gain or loss from acceptance of the offer?
A) $60,000 gain
B) $50,000 loss
C) $30,000 loss
D) $20,000 loss
A
You might also like to view...
Alex brought his lunch today but now a co-worker has asked him to go to the deli across the street. Select the correct statement from the following.
A. The cost of the lunch Alex already has represents the opportunity cost of dining with his friend. B. The cost of the lunch Alex had brought is relevant to Alex's decision to have lunch with his friend. C. The cost to buy lunch at the deli is not relevant because it has not yet been incurred. D. The cost of the lunch that Alex had brought has nothing to do with his current decision.
A marketer analyzing whether members of the target audience like the product or service offered is analyzing the ________ element of the marketing mix
A) product B) promotion C) place D) physical evidence E) price
Often when communicating, the message that is received may be different from the one that was intended because of ______ on the part of the receivers and transmitters.
a. attention span *b. cultural barriers c. gender d. mode of communication
Which of the following best defines the interest stage in the product adoption process?
A. The buyer tries to find the product in a retail store. B. The buyer considers the benefits and determines whether to try the product. C. The buyer tries the product to determine its usefulness. D. The buyer seeks information and is receptive to learning about the product. E. The buyer uses objective sources to learn about the product.