Hardley sells mamburgers. He faces fixed costs of $18,000 per month and variable production and marketing costs of $2 per mamburger. Market research has developed the following demand schedule. Which price/volume combination should Yardley choose?
A. Price: $12; Quantity: 4,000
B. Price: $10; Quantity: 5,500
C. Price: $8; Quantity: 7,000
D. Price: $6; Quantity: 9,000
E. Unable to determine
B. Price: $10; Quantity: 5,500
You might also like to view...
Ole McDonald, a successful farm equipment supply company in the Midwest, has joined forces with A-Plus Supply, a national hardware and home retailer. As a result of this new relationship, Ole McDonald can open stores in other regions and A-Plus can now offer a high-quality product in the farm community. Ole McDonald and A-Plus Supply are now
A. distributors. B. competitors. C. customers. D. suppliers. E. strategic allies.
Managers of fast-food restaurants struggle with a rapid turnover of personnel. Employee turnover rates of 100 to 200 percent annually are common. The work environment is difficult and customers can often be demanding. One of the first steps managers can take to help workers deliver quality service is to
A. reward service providers based solely on the speed of service. B. review the delivery support system. C. ban abusive customers from their restaurants. D. provide emotional support and concern for their employees. E. make sure services delivery expectations are consistent and coherent throughout the organization.
Section 8(b)(4 ) prohibits primary picketing by a union against an employer with which it has a dispute.?
Indicate whether the statement is true or false
Databases help companies choose the prospects they can serve most effectively and profitably.
Answer the following statement true (T) or false (F)