NEKP IncSells Two Versions of Its Product: Standard and Deluxe

question 43

Multiple Choice

NEKP Inc.sells two versions of its product: Standard and Deluxe.The Standard model has a 15 percent profit margin and the Deluxe model has a 17 percent profit margin.The Standard model has a 30 percent contribution margin and the Deluxe has a 23 percent contribution margin.If other factors are equal, which product should NEKP emphasize to its customers?

• A)the Standard model
• B)the Deluxe model
• C)Selling either results in the same additional income for the company.
• D)Not enough information is given.

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Definitions:

Record

An item of stored information, such as in a database, often consisting of multiple fields to represent different attributes of something.

Table

A collection of data organized in rows and columns, commonly used in databases and spreadsheets.

Field

In a database context, an area allocated for a specific piece of data, such as a name or address, within a record.

Record

To capture data or information, either in digital or physical format, for the purpose of documenting or tracking.