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How do you calculate cost price when selling price is given and profit percentage is same as cost price?
If the selling price is S then, under the given conditions, the cost price is 0.5*[-100 + sqrt(10000 - 400*S)] = 5*sqrt(100 + 4*S) - 50
What is the difference between 20 percent off full price merchandise and 50 percent off sales merchandise?
Generally speaking the full price is the MSRP which is the highest price possible. The sales merchandise would already be marked down from MSRP, so you are receiving an additional 50% off a price that has already been reduced from MSRP.
What is the mathematical formula for calculating terms of trade?
Terms of trade = Price of Exports / Price of Imports The prices of exports and imports are usually calculated with respect to a specified base year. From that it is possible to calculate changes in the mix and the value of the trade flows to arrive at prices for the period in question.
How many inch is equal to 5 quarts?
If there were any possible way to convert a volume into a length, then by now, you would surely have seen the price of a foot of gasoline advertised somewhere.
Does a demand curve always have a positive slope?
Demand curves almost always have negative slopes. The Y value being price and the X value being quantity. The higher the price, the more negative the slope. There are very rare conditions where a demand curve could have a positive slope, but its not normally used in business classes.
Price discrimination is indistinguishable from dumping?
Price discrimination is indistinguishable
Under what conditions do marketers have no flexibility in price control?
Marketers have no flexibility in setting prices under conditions of
Under what conditions might profit maximization not lead to stock price maximization?
Under what conditions might profit maximization not lead to stock price maximization?"
Price and output determination under oligopoly?
Explain how price and output decision are taken under conditions of oligopoly.
Why would a firm practice price discrimination?
price discrimination allows companies to defend
What are assumptions of price discrimination?
>The idea of price discrimination is to transfer the consumers profit to producers>Firstly there should not be any close substitutes available, because then people might use them instead. So price discrimination can occur in monopoly >Secondly the producer must keep the market separate, so that no resale of the product is possible>Thirdly two markets with different elasticity of demand. Price discrimination is successful when costs do not rise when selling on different markets
What has the author Burton A Zorn written?
Burton A. Zorn has written: 'Business under the new price laws' -- subject(s): Price discrimination, Unfair Competition
What is the function of commission merchants?
These are agents who receive goods on consignment and negotiate sales in large central markets. Their specialty is securing the best price possible under market conditions.
When is price discrimination possible and profitable?
Price discrimination exists when sales of identical goods or services are transacted at different prices from the same provider.important condition for profitable price discrimination is that the percentage change in surplus (i.e., consumers' total willingness to pay less the firm's costs) associated with a product upgrade is increasing in consumers' willingness to pay. We refer to this as an increasing percentage differences condition and relate it to many known results
What is fast food level of price discrimination?
Price discrimination is when the identical fast food item is sold for a different price depending on which store you purchase from. Typically, the level of price discrimination is higher from state to state and about the same for stores located in the same city.
What is the evidence of price discrimination at a local bar called the Stabilizer?
Which would be evidence of price discrimination at a local bar called the Stabilizer
What has the author Harry L Shniderman written?
Harry L. Shniderman has written: 'Price discrimination in perspective' -- subject(s): Price discrimination
