How do small wholesalers and small producers set prices for their products?
What will be an ideal response?
Wholesalers' prices are usually based on a markup set for each product line. Since wholesalers purchase in large quantities and cannot always immediately pass along price increases, price drops can cause heavy losses. Therefore, they may sometimes quote different prices to different buyers for the same products.
While meeting competitors' prices is common among small producers, many set their prices relative to the cost of production, using a breakeven analysis. Their costs include purchasing, inventory, production, distribution, selling, and administrative costs, as well as a profit margin. Those figures are totaled to arrive at a final price.
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Describe the manner and give examples in which some of the following self-leadership strategies can be used to lead to better fitness and health for individuals. Choose from the following self-leadership strategies and discuss how three of them lead to better fitness and health: self-observation, finding natural rewards, mental imagery, self-talk, self-goal-setting, and beliefs.
What will be an ideal response?
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