Solved

Mekong Company Was Making a Product for $45 and Selling

Question 153

Multiple Choice

Mekong Company was making a product for $45 and selling it for $90.A competitor began selling the same product for $75.If Mekong is to meet the competition's price, and maintain the same amount of profit per unit, what is its target cost?


A) $30
B) $45
C) $21
D) $33
E) $52

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions