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marked down price marked down price
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Who decides what price is fixed in a supermarket?
Ultimately, the purchaser determines the price of a product. A manufacturer will determine a wholesale price and possibly a suggested retail price. Retailers will decide if they think they can sell the product at a satisfactory level above the wholesale cost. However, if a product goes on the shelf at $10 and no one buys it, the retailer will mark it down until it sells. So the only price that matters is the one that someone is willing to pay.
What is the condition of equilibrium for monopolist?
Marginal Revenue = Marginal Cost; mark-up price to the demand curve.
What is the price of a 1923 US peace silver dollar?
$22 to $75,000 depending upon the mint mark and the condition of the coin.
The advantages of fair trade are?
The advantages of fair trade are that the workers get a fair price for their produce. People get a better standard of living from Fair Trade. 1.The Fairtrade Mark means farmers receive a fair and stable price for their products 2. The Fairtrade Mark means extra income for farmers and estate workers to improve their lives. 3. The Fairtrade Mark means a greater respect for the environment 4. The Fairtrade Mark means small farmers have a stronger position in world markets 5. The Fairtrade Mark means a closer link between consumers and producers.
Contrast the three general approaches to setting prices?
There are four general pricing approaches:1) mark-up pricing - is to have a fixed mark-up on the cost of the product to set the price, ex: retail stores2) value-based pricing (demand-based pricing) is setting price based on buyers' perceptions of value independent of cost, ex: Louis vuitton and rolex (nobody ever questioned how much it costs to make a rolex cost, price is not in relation to cost. people base it on how many people have it, brand name)3) value pricing: is offering the right combination of quality and good service at a fair price, ex: value meal menu4) comepetition-based pricing: is to set price following that of the industry leader ex: breakfast cereal (ex: kellogs)
How do you get the original price off a mark down?
Say the mark down is x percent (.01x) the mark down price is M the original price is O O - .01x(O) = M O(1 - .01x) = M O = M/(1-.01x) For example say the mark down is 25% and markdown price is $75 O= original price = 75/((1-.25) = $ 100
How do you type question mark?
Typing a question mark on a normal keyboard is achieved by holding down the shift button and pressing down the question mark button marked '?' simultaneously.
What is a reduction from the original selling price?
mark down
Wholesale price is 60.00 and retail is marked up to 180 what is the percent increase?
Increase is twice the original price so percentage mark-up is 200.
What is the right way to say- Mark and I sat down for a meeting or I and Mark sat down for a meeting?
Mark and I sat down for a meeting. "I" always goes last.
What is the buying price of a dress if the marked price is 300.00 includes a 20 percent gain?
Divide the 300 by 1 plus the percentage mark-up (1.2 in this case) and you get the answer 250.
What is the symbolic meaning of a black mark on the right hand?
It means you are marked for death such as in the story "Treasure Island" or "The Lottery"
What do they call the lasers that mark down the price of an item?
hand lasers i think
What is the past of mark?
Marked is the past participle of mark.
What is the past tense of mark?
The past tense of "mark" is "marked."
What is the original price when 15 percent is taken away from 250?
The original price is 250. After you mark it down 15%, the new price is 212.50 .
What is the past participle of mark?
Marked is the past participle of mark.
