Dennis determines that a new blinking slinky toy will cost his firm $3.50 to produce. He adds 20 percent the manufacturing costs and prices the product at $4.20. This is an example of cost-plus pricing.

Which of the following accurately describes a situation in which consumers have elastic demand? a. a restaurant starts using margarine instead of butter because butter becomes more expensive. b. consumers boycott a restaurant because the waiters aren't paid minimum wage. c. a company starts using sugar instead of corn syrup because its revenues are up. d. people give up eating pasta and bread because they want to lose weight. 2b2t

Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.

Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.