Jennifer’s Pineapple Inc. was making $12 Million in sales, but due to strong competition from Coconut Co. she decided to drop all prices by 10%. Her contribution margin was 50%. Assume no change in Jennifer’s internal costs per unit. What new sales revenue would be necessary to break even (that is, maintain the current total contribution) on this 10 percent price reduction?
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Business, 21.06.2019 20:30
Partnerships are the most common type of business firms in the world. t/f
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Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
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Business, 22.06.2019 17:30
After the embarrassing sign incident at the restaurant you own, you decide to offer employees a six-week fundamental writing skills workshop. a local business communication instructor, who has experience teaching writing skills at treleaven community college, will facilitate the sessions. to encourage employees to attend these optional sessions, write an email that explains why you’re offering the workshop and why employees should participate.
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Business, 22.06.2019 19:10
Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form
Answers: 3
Jennifer’s Pineapple Inc. was making $12 Million in sales, but due to strong competition from Coconu...
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