The ________ of a product line is the price below which all products in the line will be priced
A) price ceiling
B) dynamic price
C) price floor
D) price lining
E) online price
A
You might also like to view...
Cost-per-thousand (CPM) is a measure of:
A) the efficiency of a media type. B) profit margin from advertising revenues. C) losses from advertising expense. D) gains from advertising exposure.
The mathematical results of Business Analytics are used to automate decision making and eliminate the decision maker.
Answer the following statement true (T) or false (F)
Diffusion is the process by which two cultures learn from each other and adopt practices of the other culture
Indicate whether the statement is true or false.
The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $26,800. If these calculators are upgraded at a total cost of $10,000, they can be sold for a total of $30,000. As an alternative, the calculators can be sold in their present condition for $11,200.Assume that Tolar decides to upgrade the calculators. At what selling price per unit would the company be as well off as if it just sold the calculators in their present condition?
A. $30 per calculator B. $8 per calculator C. $53 per calculator D. $67 per calculator