With profit-oriented approaches to pricing, a price setter may choose to balance both ________ and ________ to set price.
A. cost; demand
B. demand; supply
C. tangible goods; services
D. cost; revenue
E. revenue; profit
Answer: D
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Metro Manufacturers produces flooring material. The monthly fixed costs are $16,000 per month. The sales price per unit is $95 and variable cost per unit is $35. If Metro's managers create a CVP graph from volume levels of zero to 800 units, at what sales level (in units) will the revenue and total cost lines intersect? (Round your answer up to the nearest whole unit.)
A) 267 units B) 169 units C) 458 units D) 124 units
Outpost has 2 million shares of common stock outstanding; net income is $300,000; the P/E ratio is 9; and
management is considering an 18% stock dividend. What will be the expected effect on the price of the common stock? If an investor owns 300 shares in the company, how does this change his total value? Explain.
The Appleton Rule applies to all insurance companies doing business in Wisconsin
Indicate whether the statement is true or false
A decision maker whose utility function graphs as a straight line is
a. conservative. b. risk neutral. c. a risk taker. d. a risk avoider.