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What else can I help you with?
Assuming there is no excess capacity what is the minimum acceptable price?
It depends what you mean, buying or selling. Selling the minimum without going into the red is the break even price.
How can I determine the selling price of a product or service?
To determine the selling price of a product or service, you can calculate the total cost of production, including materials, labor, and overhead expenses. Then, add a desired profit margin to this cost to arrive at the selling price. Additionally, consider market demand, competition, and customer willingness to pay when setting the selling price.
How to calculate the producer surplus in a market?
To calculate the producer surplus in a market, subtract the minimum price that producers are willing to accept for a product from the actual price they receive for it. This difference represents the producer surplus, which is the benefit producers gain from selling their goods at a higher price than they were willing to accept.
If a firm is selling in an imperfectly competitive product market?
the marginal products of sucessive workers can be sold at a constant price
What's the difference between markup and margin when it comes to pricing products or services?
Markup is the amount added to the cost price to determine the selling price, expressed as a percentage of the cost price. Margin, on the other hand, is the percentage of the selling price that represents the profit made on a product or service. In simpler terms, markup is calculated based on the cost price, while margin is calculated based on the selling price.
If selling price is S and product price is P then what will be the profit?
Selling price is somethng on which the profit depends so its Selling price - Product price = profit
Assuming there is no excess capacity what is the minimum acceptable price?
It depends what you mean, buying or selling. Selling the minimum without going into the red is the break even price.
How do you compute for the selling price of goods?
give a product a15 percent of selling price
How much is one bar of the product you are selling?
The price of one bar of the product we are selling is 5.
How do you calculate the selling price if you know the cost and gross profit percentage?
Cost = Selling Price - Gross Profit By using this formula or method easily we can get the selling price of the product
How do you justify your product price in chemical sales?
It depends on what you are selling?
What does the term half price mean?
The term half price may refer to the discount of selling a product. It mean that the specific is selling out at the half the price (50% off) the actual retail price of the product. For example, She had bought the book half price from the Mela.
Is advertising charges are included in the selling price?
No advertisement expenses are not included in selling price because selling expenses are not part of product cost rather these are period cost.
How can I determine the selling price of a product or service?
To determine the selling price of a product or service, you can calculate the total cost of production, including materials, labor, and overhead expenses. Then, add a desired profit margin to this cost to arrive at the selling price. Additionally, consider market demand, competition, and customer willingness to pay when setting the selling price.
What it selling price per unit?
Selling Price per Unit is the amount of money charged to a customer for each unit of product or service.
Is mark up based on selling price or cost?
Mark up is how much money that the store thinks it can make by selling the product. It is the difference between cost and selling price.
What is accont?
Cost accounting is the process of calculating cost price of one single unit of product manufactured on the bases of which selling price of product is established.
