Miguel Sells High-End Computers to Clients in His Neighborhood

question 30

Multiple Choice

Miguel sells high-end computers to clients in his neighborhood.The profit margin is 20 percent,and the cost of each unit of computer is $10,000.The selling price of each unit must be:

• A) $12,000.
• B) $15,000.
• C) $12,500.
• D) $14,000.
• E) $13,250.

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Definitions:

Continuous Innovation

The ongoing process of making incremental improvements or updates to products, services, or processes to maintain competitiveness.

Spontaneous Innovation

The process of creating new and inventive ideas or products without a premeditated plan, often resulting from sudden inspiration.

Quadpacer Interval Timer

A feature commonly found in electric toothbrushes that indicates to users when to switch to cleaning a different quadrant of the mouth.

Discontinuous Innovation

Introduces a product or service that fundamentally changes an industry or how consumers interact with a market, often rendering existing solutions obsolete.