For the following question the unit variable cost to make SD 721 is $100, and the fixed cost is $5,000,000 Anna Doors, CEO of Elsa, wanted to announce the use of cost-plus pricing in a pressconference, so she asked her assistant to calculate what the % markup would be if Elsamade exactly enough phones to fulfill orders from Numbers Inc. and then sold them at$175. Mr. Assistant moonlights as a student in a marketing class, so he knew how tocalculate the answer. What is the number that he came up with and how?Markup price = unit cost / (1 – desired return on sales) calculate your markup price

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A: Salesperson is asking the buyer "Shouldn't you go ahead and order this barbecue machine for your…

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A: The objective of the question is to identify the correct description of the 'going rate pricing'…

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Q: The corporate leadership team inquired about the use of a "price match guarantee". This policy would…

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Q: 8. Segmented pricing is A. Promotional money paid by manufacturers to retailers, in return to…

A: Segmented pricing is C. Selling a product or service at two or more prices, where the difference in…

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A: Advertising is a promotional tool or a marketing communication !means wherein an organization…

Q: Which of the following statements about the interrelationships of volume and price is TRUE?   A.…

A: A variable cost is a corporate expense that changes in proportion to how much a company produces or…

Q: what is solely pricing

A: Solely is related to one or not involving any other one. The details of solely pricing is discussed…

Q: Touché Toiletries, Inc. has developed an addition to its Lizardman Cologne line tentatively branded…

A: Break-Even point refers to a point or situation when a company gets to a state or sales level that…

Q: The advantages of marginal analysis and how to use it for price setting.

A: The concept : The marginal analysis is basically the analysing and estimating the cost ascertained…

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A: Step 1:Computation of total sales and total variable costs: Let's assume the unit selling price is…

Q: The regular price is $569. The store is offering a 25% discount and a sales tax of 6% is added after…

A: Regular Price of TV = $ 569 The store offering discount = 25%   after discount cost of TV is = $569…

Q: Sellers can influence or use consumers' reference prices when setting their product prices. * True

A: Sellers can influence or use consumers reference prices when setting their product prices.

Q: ou have a 25% off coupon for a local store. You want to purchase an item that costs $105. a.…

A: Discount is given by sellers to attract customers.

Q: he Situation where a product or service, where a company sells product or service at two or more…

A: Company use different types of pricing and the details of the pricing are discussed as follows-

Q: hapter 9: Pricing Strategies for Sports Grades True or False: Price promotions consist of offering a…

A: False Price promotions may result in more sales right away, but it may take some time before there…

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A: The manufacturing of a product involves cost in it. The cost of mnaufacturing a particular product…

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Q: Price: What is the price for coca-cola

A: PRICING STRATEGY OF COCA COLA The amount of money charged for a product or service, or sum of the…

Q: Gillette’s pricing scheme is to sell razor handles at a relatively low price and razor blades at a…

A: Gillette’s pricing scheme is to sell razor handles at a relatively low price and razor blades at a…

Customary Pricing

There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows: 

Multiple Unit Pricing

“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”