Multiple Choice
A manufacturer has invested $750,000 in a new product and wants to set a price to earn a 15 percent ROI. The cost per unit is $18 and the company expects to sell 50,000 units in the first year. Calculate the company's target-return price for this product.
A) $20.25
B) $18.23
C) $18.10
D) $20.70
E) $25.50
Correct Answer:
Verified
Correct Answer:
Verified
Q10: When Cathy went shopping, she paid a
Q12: Pricing cues such as sale signs and
Q14: Deducting the desired profit margin from the
Q19: Pepsi Co. sold its cola syrup to
Q22: Armac Ltd. is a sluice-box manufacturer based
Q30: A Japanese firm is ready to sell
Q37: _ pricing is a matter of reengineering
Q105: A market-penetration pricing strategy is most suitable
Q112: What are the different possible consumer reference
Q147: _ price refers to what the consumers