Best Answer

For Retail Price question....If Retail price is 12,995. Markup % is 12. what was the wholesale price?

Q: How to calculate Mark up opportunity cost?

Write your answer...

Submit

Still have questions?

Related questions

Calculate it, Idiot.

Cost price * markup + tax = selling price

When you look at the cost of giving up something to get another thing you are looking at opportunity cost. You are estimating which option is better for you.

When a financial decision is being made, the more choices you have will help determine the best opportunity. To calculate the opportunity cost, compare each opportunity based on a similar unit of measurement. This can be cash, weight, or products. Evaluate cost by hour, day, week, or year for each option. Evaluate each opportunity by what would be gained if you chose an alternative opportunity. Add up the costs associated with each opportunity. Make your choice based on which opportunity cost is higher.

Opportunity Cost can vary depending on what you are giving up exactly.

When a financial decision is being made, the more choices you have will help determine the best opportunity. To calculate the opportunity cost, compare each opportunity based on a similar unit of measurement. This can be cash, weight, or products. Evaluate cost by hour, day, week, or year for each option. Evaluate each opportunity by what would be gained if you chose an alternative opportunity. Add up the costs associated with each opportunity. Make your choice based on which opportunity cost is higher.

Opportunity cost is what you give up in order to get something else. Paying money is the opportunity cost for ice cream for example.

opportunity cost

cost of what you give up to get it

When a financial decision is being made, the more choices you have will help determine the best opportunity. To calculate the opportunity cost, compare each opportunity based on a similar unit of measurement. This can be cash, weight, or products. Evaluate cost by hour, day, week, or year for each option. Evaluate each opportunity by what would be gained if you chose an alternative opportunity. Add up the costs associated with each opportunity. Make your choice based on which opportunity cost is higher.

Look up Production Possibility Frontier, it is the same thing as a Opportunity Cost Curve.

the opportunity cost of an item is what you give up to get that item. in this case, you want to see a movie, so you may have to give up the movie time to study or something else, that is your opportunity cost.