The easiest way to understand the answer is to turn it around. If you wanted to calculate the item price plus tax, you would multiply the item price by 1.073. So, to back up to the item price from the item price plus tax, divide the item price plus tax by 1.073. $20.00 / 1.073 = item price before sales tax.
Not normally.
To price an item you must calculate the total of production and delivery and find the ROI for the sales of the particular item. From there you will also want to compare competitor pricing of the same product to find a reasonable price for your market.
An item that has been reduced 40 percent off the retail price will need to be increased by almost 66.7 percent of the sale price to return to the original retail price.
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Supply of the item and demand by other countries determines the price.
The regular price of an item is the non-sale price of that item.
The easiest way to understand the answer is to turn it around. If you wanted to calculate the item price plus tax, you would multiply the item price by 1.073. So, to back up to the item price from the item price plus tax, divide the item price plus tax by 1.073. $20.00 / 1.073 = item price before sales tax.
Command economy is when the government determines what will be sold, how much will be made, and the price the item will be sold for. Although this may limit the growth of the country it does provide stability.
The price of a product at a grocery store is determined by how the amount of money it takes to manufacture the packaging. Also, the price of the product alone is determined by how much demand there is to the consumer and how much supply the distributor can provide (Supply and Demand).
Mostly water determines but even wind helps in it.
items on reduced price, or low price item. Sale price, loss leader, offer price.
Market driven means the market determines the price. In perfect competitions, the market determines the price of products, not the business.
Mark up
The Value of the Dollar
There is no minimum listing price for single item listings.
I am thinking that this is a trick question. If a part for a manufactured item was not necessary for that item, the part would not be used in the manufactured item. Odd question.