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What else can I help you with?
How is target cost determined?
Target cost is determined by subtracting the desired profit margin from the target selling price. By understanding customer needs and competition, a company can set a competitive selling price. This allows the company to then calculate the target cost by subtracting the profit margin from the selling price.
How do you set selling price if you know what you want to net after commission?
To set the selling price based on your desired net amount after commission, first determine the commission rate applicable to the sale. Next, calculate the selling price using the formula: Selling Price = Desired Net Amount / (1 - Commission Rate). This ensures that after the commission is deducted from the selling price, you will net the amount you intended. Adjust the selling price as needed to remain competitive while meeting your financial goals.
If a store uses a selling price - based markup of 40 and an item costs the store $300 what selling price would the store set for the item?
420
If a store uses a selling price based markup of 40 percent and an item costs the store 300 what selling price would the store set for the item?
420
If a store uses a selling price- based markup of 40 percent and an item costs the store 300 what selling price would the store set for the item?
420
What are my options for selling stock?
A few options for selling your stock are market order (it becomes immediately executed at the current market price), limit order (it is executed at the price you set).
How does the invisible hand of competition set a market price in market economies?
Shortages always raise prices and surpluses always reduce prices until competition produces a price where there are no more surpluses or shortages.
What is an Example of Pure Competition in Marketing?
When monopoly over the market isn't existing. If anybody(actor) can set their own price for their price at a competitive level.
How does the invisible hand of competition set a market price in a market economy?
b. Shortages always raise prices and surpluses always reduce prices until competition produces a price where there are no more surpluses or shortages. ;D
How much are a set of Rachael Ray knives?
If you buy them from Amazon which has the cheapest selling set, you can get them for $22.46. You do however have to factor in the shipping price if that is not covered.
why is pure competition better compared to monopoly?
Yes, perfect competition allows the market to dictate prices where as a monopoly can set any price because there is no other alternative.
Saud bought a TV set for Rs12000 To make a desired profit he needs a 50 percent markup on selling price What is his Rs Markup?
Saud bought a TV set for Rs.12000. To make a desired profit he needs a 50% markup on selling price. What is his Rs. Markup?
