Price minus selling cost is dollar gross margin

Assignment Help Business Economics
Reference no: EM131118700

 The retail price for a wrinkle-reducing injection is $550. Retailers buy directly from the manufacturer, who has a margin of 80 percent on their product. If the retailer margin is 40 percent, what is the manufacturer selling price to the retailer? What is the manufacturer’s cost for the product? For both the retailer and manufacturer, what is the dollar amount of gross margin (price minus selling cost is dollar gross margin)?

Reference no: EM131118700

Questions Cloud

Fed conducted contractionary monetary policy : At the end of the third quarter of 2015, the money supply in the U.S. was $2 trillion. That is, the available currency and deposits in the U.S. during July, August, and September 2015 was two trillion dollars. During the fourth quarter of 2015, the F..
Strategic marketing recommendations for this business : Suggest two (2) strategic marketing recommendations for this business based upon your reflection/analysis and the information that you have gained throughout the course?
Because of over criminalization : Because of over criminalization, particularly by the federal government, Americans may be breaking the law regularly without knowing it. Should Congress rescind many of the more than four thousand federal crimes now on the books?
The west frustrated or limited in asia : Option A: Discuss what is meant by Western Imperialism. Provide examples from the readings/lectures(PowerPoint). Why did the west become so interested in Asia, when, and then why was the West frustrated or limited in Asia?
Price minus selling cost is dollar gross margin : The retail price for a wrinkle-reducing injection is $550. Retailers buy directly from the manufacturer, who has a margin of 80 percent on their product. If the retailer margin is 40 percent, what is the manufacturer selling price to the retailer? Wh..
Optimistic firms in the long run : Suppose the economy were operating at full employment and firms become increasingly optimistic about the future. They increase their investment spending; graphically, that means that their investment schedule shifts to the right. (Draw a graph to exp..
What is your stance on the issue : What is the issue? What is your stance on the issue? Can this stance be applied universally, or would you employ different stances depending on the substance?
How does segmentation and targeting work : How is segmentation executed in the media? How does Segmentation and Targeting work? What elements make-up the marketing mix?
How will this shift the aggregate demand curve : Frugal Consumers Suppose household become nervous about the future and decide to increase their savings and decrease their consumption spending. How will this shift the aggregate demand curve?

Reviews

Write a Review

Business Economics Questions & Answers

  Find the optimal ratio of leisure to consumption

Adam Sandler has a utility function U(C, L) = C1/3L1/2. The wages now available to him are $9/hr. Non-wage income in royalties are $6 a day. Find the MRS for Leisure to Consumption to find the optimal ratio of Leisure to Consumption. Write out and dr..

  Q i choose a sweater at the price of 12 in the past month

q. i choose a sweater at the price of 12 in the past month. describe how each of the 4 factors contributed to the

  Calculate EUAB and EUAC

A business called TopClass, Inc. has the following Costs and Benefits: Initial Cost: $70,000, Annual Costs: $7,500, Salvage Value: $10,000, and Benefits: $25,000 for years 1 and 2, $35,000 for years 3 and 4, $25,000 for years 5 and 6. The MARR is 10%..

  Suppose the publics holding of currency increases

What is the level of the M1 stock of money? Suppose the public’s holding of currency increases to $100 while, at the same time, the level of deposits remain constant at $200. What is the value of the new money multiplier (m’)?

  What is the equilibrium number of municipalities

In Metropolis, there are three types of houses: expensive, medium, and cheap. All households – regardless of what type of house they have – have the same marginal benefit curve for open space, which is a public good. Households can sort into differen..

  Different philosophical approaches to role of government

Describe the scope of Public Finance. Explain different philosophical approaches to the role of the government. Describe the size of the government sector in the U.S.

  The nominal interest rate

The nominal interest rate

  Which state will have higher increases in income in long run

The median household income in Louisiana is approximately $52,000 per year, while the median household income in Massachusetts is about $79,000. From the perspective of trying to maximize your income per capita, which state will have higher increases..

  Explain the economics of the taxi medallion system

Explain the economics of the taxi medallion system. This is discussed in the text and in numerous places on the web. Why did cities start the medallion system? Do you think it is a good idea? Explain the economics of the ride-sharing firms such as Ub..

  Evidence supporting the idea of a political business cycle

There seems to be some evidence supporting the idea of a political business cycle. That is, the economy tends to experience particularly fast growth just prior to elections and slower growth or recessions some time after elections. Explain why and ho..

  Business entity before you hire any employees

Would you change your business entity before you hire any employees? Why or why not? If so, what kind of entity would you select. Explain. Do your readings this week deter you from hiring any employees or continuing with your car detail business?

  Explain why such governments would rather subsidize

Does that face help explain why such governments would rather subsidize an industry’s export sales than its sales in the domestic market?

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!

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