The video says only a handful of companies make eyeglasses and they mark them up 10 or 20 or more times. Markup pricing is best defined as deriving a price by _______. a. adding a predetermined percentage of the cost to the cost of the product b. charging a higher price when demand is strong c. balancing supply and demand d. determining the costs and then adding specified dollar amount or percentage of the cost to the seller's cost e. adding a flat dollar amount or percentage to the cost of the product

Answers

Answer 1

Answer:

Option A: Adding a predetermined percentage of the cost to the cost of the product

Explanation:

Price

This is simply refered to as money or other thing that ia used i exchanged for the right, ownership or use of a good or service.

Markup

This is commonly defined as thd difference between the cost price and the selling price of an goods or services that the business gives. it is the dollar amount listed or added to the cost of products to get the selling price. It is fondly called Gross Profit , Markup Margin or Margin, Gross Margin.

Standard Markup Pricing

This is the difference between selling price and cost. It is usually called as a percentage of cost.

The need for a markup is that business gather up expenses in order to be in a position to sell goods or services, and the markup covers these expenses and other factors


Related Questions

If you have $21,000 in your FDIC insured bank account and your bank goes bankrupt, you will receive

A. $5,000

B.12,000

C.21,000

D.$42,000

E.Nothing

Answers

Nothing in your bank account
ANSWER: E. Nothing

Bankrupt is in a way like when everything is gone

For example

If someones parent goes bankrupt you’ll maybe need to sell your house or a couple valued items because you have nothing

In four to six sentences, explain the savings-borrowing-Investing cycle.​

Answers

Explanation:

The saving-borrowing-investing cycle generally begins with consumer borrowing to fund their purchases and for seed capital and they then use this capital to invest in their future.

Answer:

The savings-borrowing-investing cycle starts with borrowing for most people. People borrow money to initially pay for goods and services. Next, people can start investing money for future needs and wants. Investing will usually get the person more money later on. Finally, the person can save some money and spend the rest of their income.

Assume that a local restaurant sells two items, salads and steaks. The restaurant’s only two customers on a particular day are Mr. Carnivore and Ms. Leafygreens. Mr. Carnivore is willing to pay $20 for a steak and $7 for a salad. Ms. Leafygreens is willing to pay only $8 for a steak, but is willing to pay $12 for a salad. Assume that the restaurant can provide each of these items at zero marginal cost.

How much additional profit can the restaurant earn by switching to the use of a tying strategy to price salads and steaks rather than pricing these goods separately?
a. $20
b. $12
c. $7
d.$6

Answers

Answer:

d.$6

Explanation:

$6  profit can the restaurant earn by switching to the use of a tying strategy to price salads and steaks rather than pricing these goods separately

What are the goods?

The term Goods are products and resources that satisfy people's needs and wants. A good can be a natural science object, a provided service, or some accumulation of the two. Just about anything is good if it supplies some kind of benefit to consumers.

Using the technique of tying, products are packaged so that the price of the tied (combined) good is more in line with the buyer's overall willingness to pay for the two things.

There are four different types of goods in economics, which can be classified based on excludability and rivalrousness: private goods, public goods, common resources, and club goods.

Therefore, option (D) is correct.

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Which of the following actions can be considered good business etiquette?
A.
switching your cell phone off before you enter a meeting
B.
keeping your cell phone on low volume before you enter a meeting
C.
setting a pleasant ring tone on your cell phone before you enter a meeting
D.
setting a standard ringtone on your cell phone before you enter a meeting

Answers

The answer is A, switching your cell phone off before you enter a meeting.

Which of the following statements about industry lifecycle is false? Select one: During the growth stage of the market life cycle, customers are more likely to establish brand loyalty than in other stages. As markets mature, application for patents increase. As markets mature the magnitude of differentiation and cost leadership advantages among competitors decrease. Prices are lower in the growth stage compared to the introduction stage due to economies of scale and learning effects.

Answers

Answer:

During the growth stage of the market life cycle, customers are very likely to establish brand loyalty.

Explanation:

Industry life cycle

This explains the stages or cyles from beginning to end of a product in a market. Some products go through these stages. It consists of four stage which are

1. introduction

2. Growth

3. Maturity

4. Decline

Growth stage

The characteristics of this stage is that product or brand finds its way or gains market acceptance sales start to rise, Competitive reaction will determine life expectancy of the product and sales promotion and distribution play a vital role in this stage. It is the period when sales are increasing at their fastest rate.

The statement above is false due to the fact that In the growth stage of market life cycle, the primary objective is to buildup consumer preferences for the specific brands. A lot of this needs to be considered and put in place such as strong brand recognition, differentiated products, and the financial resources to support a variety of value-chain activities such as marketing and sales, and research and development.

Workforce diversity is decreasing.
True
False

Answers

Answer:

false

Explanation:

hope it helps you have a good day

Answer: b. False

Explanation:

The US workforce diversity is NOT decreasing.

Over the next six years, the population will become more diverse in virtually all demographic groups, according to the Bureau of Labor Statistics. Women's labor-force participation will rise from 46.8 percent in 2014 to 47.2 percent in 2024.

An entity enters into a contract with a customer to sell products X, Y, and Z in exchange for $250,000. Control over the products will be transferred to the customer at different points in time. The entity determines that the delivery of each product is a distinct performance obligation. Products X and Y are regularly sold separately and their standalone selling prices of $40,000 and $120,000, respectively, are directly observable. The standalone selling price of product Z of $160,000 was estimated using the adjusted market assessment approach. The entity determined that the discount provided to the customer does not relate to one or more specific products in the contract. What revenue will be recognized by the entity on the sale of product X

Answers

Answer:

B. $31,250

Explanation:

The computation of the revenue that should be recognized by the entity on the sale of product X is shown below;

Here the transaction price should be distributed to the performance obligations.

The sum of the standalone selling price is

= $40,000 + $120,000 + $160,000

= $320,000

And, the standalone selling price is $40,000

Now the revenue that should be recognized is

= $40,000 ÷ $320,000 × $250,000

= $31,250

There are many different ways interviews can be conducted, including face-to-face, distance, group, and performance . Which style would you prefer the most? Why? Which style would you prefer the least? Why? << Read Less

Answers

Personally I would want a face-to-face interview. This is because of many factors. When you are in person you tend to absorb more information about the person. Scientifically speaking, you smell, see, and hear the person you are interviewing or being interviewed by, which proves that you know more about them. You also can interact better because of no physical distance, glitching, and or interruption. The style l least prefer is group interviews. This is because of how many people consist of the group. It could be from 2-1,000,000 and it still would make things harder. Individual interviewing let’s you learn more about the person in particular rather than juggling a entire group of mixed personalities. Add more and maybe put more detail and you have a outstanding essay. Or opinion. Depends on what you wanted. Have a great day!

You and your design group are competing for a multidisciplinary concept project. Your firm is the lead group in the design professional consortium formed to compete for the project. Your consortium has been selected to be the first to enter fee negotiations with the project owner. During negotiations, the amount you have to cut from your fee to be awarded the contract will require dropping one of the consortium members whose staff has special capabilities not found in the staff of the remaining consortium members. Is your consortium response in the negotiations ethical

Answers

Answer: No, not if the owner is left with the impression that the consortium is still fully qualified to perform all the required tasks

Explanation:

The purpose of a team is to work together, when the lead person is not involved the team may not be able to coordinate themselves to carry on with the task. Considering the project, dropping one of the consortium member with the best skill would be a turn off for the deal. For the team to do well, they need each other, especially the lead or most skillful, not including this in the deal is a loss already

Suppose a consumer is trying to decide how much to spend on transportation and how much to spend on all other ​(non-transportation ​) consumption. The economic model of consumer behavior predicts that the consumer will A. consume an infinite amount of transportation and ​non-transportation consumption. B. consume as much transportation as she can afford without any ​non-transportation consumption. C. consume any combination of transportation and ​non-transportation consumption from among the combinations of transportation and ​non-transportation items she can afford. D. consume as much transportation and as much ​non-transportation consumption as she wants. E. choose the combination of transportation and ​non-transportation consumption that makes her as well off as possible from among the combinations of transportation and ​non-transportation items she can afford.

Answers

Answer:

E. choose the combination of transportation and ​non-transportation consumption that makes her as well off as possible from among the combinations of transportation and ​non-transportation items she can afford.

Explanation:

Economics is a study that focuses on how a consumer can best use scarce resources to satisfy their needs.

The individual will need to make an optimal combination of various activities to maximise satisfaction.

In this case a consumer is trying to decide how much to spend on transportation and how much to spend on all other ​(non-transportation) consumption.

He will have to prioritise the levels of transport and non-transport expenses that will make him well off.

For example if transportation is a priority, 80% of available funds can be spent on this, while the remaining 20% can be spent on non-transport activities.

What is meant by equal behavior​

Answers

Answer:

Explanation:

Tose behaviour that demostrates equal towards other regardless of their religion, gender, caste, language etc. is called equal behaviour

The options strategy of a Bull Put Spread is best described by: Short a call with a strike price higher than the put you are long, on the same underlying asset Long a put with a strike price lower than the put you are short, on the same asset None of the answers Long a put with a strike price higher than the put you are short, on the same underlying asset Short a put with a strike price lower than the call you are long, on the same underlying asset

Answers

Answer:

Long a call with a strike price lower than the call you are short, on the same underlying asset

Explanation:

A bull put spread would involve one short put having a high strike price and 1 long put having a less strike price. It would be created for the net amount collected and the profits arise from increase in the stock price or from time erosion or from both the things

The option strategy that should be best described is that the call would be long having a strike price less than the short call for the similar underlying asset  

Although the use of DDT was banned in the United States in 1972, a test of the body tissue of an average United States resident today would most likely reveal the presence of DDT because DDT is the breakdown product of some newer pesticides on the market DDT is the breakdown product of some newer pesticides on the market A DDT is water soluble DDT is water soluble B other countries that export produce to the United States still use DDT other countries that export produce to the United States still use DDT C many farmers in the United States are still using DDT illegally many farmers in the United States are still using DDT illegally D DDT is naturally produced by many plants

Answers

Answer:

DDT is the breakdown product of some newer pesticides on the market

Explanation:

.

Although the use of DDT was banned in the United States in 1972, a test of the body tissue of an average United States resident today would most likely reveal the presence of DDT because  DDT is the breakdown product of some newer pesticides on the market. Other countries that export produce to the United States still use DDT.

What is DDT?

DDT, or dichlorodiphenyltrichloroethane, is a colorless, tasteless, and practically odorless crystalline chemical compound that is an organochloride. Developed as an insecticide, it became notorious for its environmental effects. Othmar Zeidler, an Austrian scientist, created DDT for the first time in 1874.

DDT (dichlorodiphenyltrichloroethane) is an agricultural insecticide. DDT was prohibited in the United States in 1972. DDT is still used in some areas outside the United States to control mosquitos that cause malaria.

Therefore, option B is correct.

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O que é locução verbal?

Answers

Answer:

verbal expression - the communication (in speech or writing) of your beliefs or opinions; "expressions of good will"; "he helped me find verbal expression for my ideas"; "the idea was immediate but the verbalism took hours"

expressão verbal - a comunicação (oral ou escrita) de suas crenças ou opiniões; “expressões de boa vontade”; "ele me ajudou a encontrar expressão verbal para minhas idéias"; "a ideia foi imediata mas o verbalismo demorou horas"

Explanation:

brainliest please?

coroa please?

What information does not affect whether a credit card company will give you a card? O A. How many credit cards you already have O B. How much debt you have O C. Your payment history D. Which companies you have credit cards from already SUBMIT​

Answers

Answer:

D. Which companies you have credit cards from already.

Please Give Brainliest

What type of accounting is more rules-based?

Answers

GAAP

Explanation:

That would be the Generally Accepted Accounting Principles (GAAP) system which is rules based.

Alternatively:

The International Financial Reporting Standards. (IFRS) on the otherhand would be the one thats principles based.

What are the most important skills a public relations specialist must possess?
Analytical skills
Communication skills
Interpersonal skills
Organizational skills

Answers

Communication skills

help plz!!
Economists make economic predictions using:
A) educated guesses based solely on their opinion.
B) data about the economy from the past.
C) information only about other nations.
D) data about how outside economies allocate their resources.
Thanks!!

Answers

Answer:

[tex]hi \: james[/tex]

The answer is :

B) data about the economy from the past.

I hope it helps

have a nice day

#Captainpower

The answer to this question is B) data about the economy from the past

BRAINLIEST 30 point for correct answer........ if wrong or crazY will flag and have someone remove your answer please don't just pick one


Most organizations expect their _____ to abide by AUPs.
students
employees
employers
costomers

Answers

most organizations expect their employees to abide by AUPs.

Most organizations expect their employees to abide by the acceptable use policy (AUPs). therefore, Option B is the correct statement.

What is the acceptable use policy (AUP)?

A user must consent to certain rules and procedures in order to use a corporate network, the internet, or other resources, according to an acceptable usage policy (AUP).

Before receiving a network ID, many companies and educational institutions demand that employees or students sign an AUP.

Therefore, Most organizations expect their employees to abide by the acceptable use policy (AUPs). Option B is the correct statement.

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An advantage of small claims court is that the filing fees are fairly reasonable and a person can represent himself, thereby saving additional money.
O True
O False

Answers

True don’t know if thanks enough

Small claims courts are advantageous because filing fees are reasonable so this is True.

What are some characteristics of small claim courts?

Small claim courts are the courts that deal with monetary grievances that are not very large.

For this reason, the person filing the claim does not have to pay too much, and they can also represent themselves to reduce costs.

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Mr. White sends his acceptance for a business contract to Mr. Green. But Mr. White put insufficient postage on the envelope. One day later, Mr. Green revokes the offer through the mail. Mr. White, upon receipt of the undelivered acceptance, overnighted the acceptance letter to Mr. Green. The overnighted acceptance letter reaches Mr. Green before the revocation letter reached Mr. White. If a court finds that the UCC rule applies, a valid acceptance occurred and a contract was created between Mr. White and Mr. Green.True or False

Answers

Answer: True

Explanation:

In business, terms of agreement which is concluded earlier stands a better chance to stand over decisions taken at the later moment.

The means of communication here affected how the communication went. They both used mail postage but that which were initially agreed would stand over that which is being cancelled later.

Karen works in a department store. Her coworkers have diverse cultural backgrounds. Which statement shows that Karen understands the importance of multiculturalism?

A.
She values a consistent focus on knowing and completing her daily tasks.
B.
She expects everyone to conform to the same ideas about punctuality.
C.
She appreciates how other perspectives enhance customers’ shopping experiences.
D.
She values completing a job on schedule more than taking time to build relationships.

Answers

A.

She values a consistent focus on knowing and completing her daily tasks.Answer:

Explanation:

She appreciates how other perspectives enhance customers’ shopping experiences

An insurance that you pay if your down payment is less than 20 percent of the total cost of the house _____.

a. an ARM
b. an escrow account
c. PMI
d. a balloon loan

Answers

Answer:

Hello There!!

Explanation:

I think the answer is c.PMI because that is the only option which best fits into the sentence.

hope this helps,have a great day!!

~Pinky~

[tex]\huge{\textbf{\textsf{{\color{navy}{An}}{\purple{sw}}{\pink{er}} {\color{pink}{:}}}}}[/tex]

C. PMI

ThanksHope it helps

PLEASE HELP!!! WILL GIVE BRAINLIEST
Celena is interested in working in the biotechnology field one day and wants to start exploring and learning more about the field in general right now. What career cluster should Celena begin investigating in order to learn more about working in biotechnology?

A.
finance

B.
agriculture, food, and natural resources

C.
architecture and construction

D.
education and training

Answers

Answer:

The answer is B

Explanation:

Please give me Brainliest. Thank you!

Answer:

B

Explanation:

provide some of your thoughts on what “dress for success” means to you, and give some examples

i’ll give brainliest to best answer pls help!

Answers

I believe it means dress appropriately. Wear a suit or a dress and looks successful. Dress as the person you want to be.

A hotel is part of what industry?
A.
Service
B.
Wholesaling
C.
Subcontracting
D.
Cottage


Please select the best answer from the choices provided

A
B
C
D

Answers

Hopes this helps:

Answer: A. Service

Please mark as brainlist
A.
Service i did this

The _____ is the most important factor to consider when selecting a credit card if you do not pay the balance on your credit card every month.

annual fee
over-the-limit fee
APR
late fee

Answers

Answer:

APR

Explanation:

If you dont pay off the balance each month, you are most concerned with the interest rate charged (apr)

Answer:

APR

Explanation:

The APR is the most important factor to consider when selecting a credit card if you do not pay the balance on your credit card every month.

Why is a consumer likely to be worse off when a product that he or she consumes is rationed?​

Answers

When the price of the good is fixed at a level below the current (equilibrium) price, there will be a shortage of the good and the good will have to be effectively rationed. As in the question above, the consumer is worse off because she is not able to attain her utility maximizing point.

elobrate on the tertiary sector​

Answers

Answer:

Explanation:

The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work. It is made of: the non-market sector (public administration, education, human health, social work activities).

Answer:

Tertiary Sector is a sector which does not include agriculture and industries in it, however, it includes banking, communication, power, education, health etc.

Explanation:

Tertiary activity consists of all service occupations. Transport, communication, trade, health, education and administration are important examples of tertiary activities. These tertiary activities help in the development of the primary and secondary sectors.

This picture clicked by me
How's it​

Answers

Answer:

This is absolutely stunning.

Explanation:

I love photography too so this really strikes me. It's well taken, love the softness of it and the clarity of the water. Good job! I'm gonna take a screenshot if you don't mind

What did you take it with?
Other Questions
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