Problem on price mark up
A company consists $27 per unit in variable costs and $1,000,000 annually in fixed costs. Demand is predicted to be 100,000 units annually. Determine the price if a markup of 40% on total cost is used to determine the price?
Expert
Total variable cost 1, 00,000 * 27 = $27, 00,000+ Fixed Cost = $10, 00,000
Thus total cost is $37, 00,000 i.e. $37 per unit.
Thus price is 37 + 40% i.e. $51.80.
The group which ultimately makes investment in an economy possible is: (1) business firms. (2) households which consume less than their disposable incomes. (3) banks. (4) savings and loan associations. (5) financial tycoons. Q : Monopolies in short run Within the Within the short run, there monopolies can: (i) make economic profits. (ii) break even. (iii) make economic losses. (iv) All of the above. Hey friends please give your opinion for the problem of Economics <
Within the short run, there monopolies can: (i) make economic profits. (ii) break even. (iii) make economic losses. (iv) All of the above. Hey friends please give your opinion for the problem of Economics <
Surplus budget: When receipts of government are greater than its receipts, it is termed as surplus budget.
Conditions of producers equilibrium: The conditions of producers equilibrium through the marginal cost and marginal revenue approach are as follows. 1. Marginal cost should be equal to marginal revenue.
From the heterodox approach, what options does the enterprise need to produce more output? What effect do these options put on its cost structure?
Can someone please help me in finding out the accurate answer from the following question. The word regular unionized employees apply to non-union workers who get jobs with firms whenever the unionized employees strike for maximum wages and enhanced working conditions
Profit is maximized when this purely-competitive brickyard constructs at: (i) point a. (ii) point b. (iii) point c. (iv) point d. (v) point e. Q : Monopolistic and competitive tools in Most markets into the American economy are: (i) purely competitive. (ii) primarily unregulated monopolies. (iii) blends of monopolistic and competitive tools. (iv) dominated by regulated monopolies. (v) governed through the decisions of political lead
Most markets into the American economy are: (i) purely competitive. (ii) primarily unregulated monopolies. (iii) blends of monopolistic and competitive tools. (iv) dominated by regulated monopolies. (v) governed through the decisions of political lead
The poverty line is: (1) about $15000/year for a family of two in 2006. (2) an index which varies depending on family characteristics. (3) dependent only on the size and income of a family. (4) about $12500/year for a family of four in 2006. (5) the p
In the competitive market economy, most of the prices: (i) Make sure high incomes for the bureaucrats. (ii) Free resources and ration free goods. (iii) Act as a signal among sellers and buyers. (iv) Are set by the govt. Discover Q & A Leading Solution Library Avail More Than 1442565 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1956225 Asked 3,689 Active Tutors 1442565 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
18,76,764
1956225 Asked
3,689
Active Tutors
1442565
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!