User Account

All Pages

What is the markup of markup-cost pricing

Assignment Help Business Economics
Reference no: EM132198758

If price P, unit costs C, and quantity Q, are known, what is the markup of markup-cost pricing?

a)(PQ -CQ)/Q.

b)P -C/Q.

c)(P -C)/Q.

d)(P -C)/C.

e)1 -(P -C)/Q.

What is the answer and can I get some explanations?

Reference no: EM132198758

Questions Cloud

Purchase stocks that would change in value : Suppose the S&P 500 was at 2,000 today and in 5 years the S&P 500 is at 8,000. If one would use $10,000 to purchase stocks that would change in value
What is the meaning behind the phospholipids chant : What are transport proteins and why are they important? What would happen to The Cell if the transport proteins went on strike?
Draw budget line for the village under given circumstances : Suppose that all is as in the last part of the question except that there is a transportation cost of $.10 per bushel for every bushel of grain hauled into.
Setup time have on the economic order quantity : What impact does reducing setup time have on the Economic Order Quantity?
What is the markup of markup-cost pricing : If price P, unit costs C, and quantity Q, are known, what is the markup of markup-cost pricing?
Do earthquakes occur around the coastlines of all oceans : If you responded no, give an example of an ocean with no earthquakes around the edges. Do earthquakes occur only along coastlines?
Why the price of strawberries is lower : In the winter, which is the peak season for winter coats, the price of winter coats is typically higher than it so in the summer.
Illustrate how the action affects the ad-as model : Assume the government undertakes expansionary fiscal policy. Consider why a government would undertake expansionary fiscal policy.
Marxian analysis of capitalism support : Marxian economic theory criticizes capitalism systemically for causing both (a) inequality of income and wealth and (b) instability or cycles/crises

Reviews

Write a Review

Business Economics Questions & Answers

  What is the price elasticity of their airline tickets

Suppose that the demand function for regional airline Eastern Shuttle, Inc., is Q = 52,000 - 100P + 500PR + 0.45I where PR is the average price of rail service in their service area and I is the average income in the metro area. What is the price ela..

  Political factors decision maker is relative of the buyer

You operate your own small building company and have decided to bid on a government contract to build a pedestrian walkway in a national park during the coming winter. The walkway is to be of standard government design and should involve no unexpecte..

  Firm average fixed cost function-average total cost function

Suppose a firms production function is Q = 2K0.5 L0.5. Its level of capital is fixed at 9 units, the price of labor is PL = $12 per unit, and the price of capital is PK = $10 per unit. The firm’s average fixed cost function, average variable cost fun..

  Enclosures law fuel the industrial revolution

How did the enclosures law fuel the Industrial Revolution in Great Britain? Would you agree with Karl Marx in saying that the Industrial Revolution and its capitalistic foundations negatively affected the working classes?

  Vivian produce butter and cheese

Suppose both Ross and Vivian produce butter and cheese. When Ross works for 10 hours a day, he produces 6 pounds of butter and 24 pounds of cheese. When Vivian works for the same hours, she produces 20 pounds of cheese and 40 pounds of butter. Ros..

  What should the role of international organizations

What should the role of international organizations be in helping to shape the global economy? Do they help or hurt local economies? What should their relationship be with local governments? What should their relationship be with global businesses..

  What are annual consumer expenditures

In recent years, the government of Pakistan has established a support price for wheat of about $0.24 per kilogram of wheat. At this price, consumers are willing to purchase 9 billion kilograms of wheat per year. What are annual consumer expenditures ..

  Compute the equilibrium price and annual quantity

Compute the equilibrium price and annual quantity of antidepressants. Compute 1)producer surplus; and 2)consumer surplus in this competitive equilibrium.

  Illustrate what is mean arrival rate ?

In a waiting line model situation, arrivals occur around clock at a rate of six per day and service occurs at one very three hours. Assume Poisson and exponential distributions. Illustrate what is Mean Arrival Rate λ

  Negative correlation between the two variables

For each of the following pairs of variables, would you expect a positive correlation or a negative correlation between the two variables? Explain your answer.

  Modern-styled decorations

Jill doesn't much care for the old dusty antique items, butshe thoroughly enjoys the look of modern decor. Steve loves the unique and classic looks of antique items, but he finds it difficult to relate to modern-styled decorations.

  Computing the dollar price of a big mac

Complete the final column of the table by computing the dollar price of a Big Mac for the countries where this amount is not given. Note: Round your answers to the nearest cent.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd