Sportstuff, Inc

question 5

Multiple Choice

Sportstuff, Inc. is investigating the feasibility of adding a new skateboard to its line-up of products. The marketing department believes that 10,000 units can be sold at $90 each. Sportstuff requires a 25% profit margin (i.e. cost is 75% of selling price) on all products.
To achieve its goal, Sportstuff must keep per-unit costs equal to or less than:

• A) $22.50
• B) $67.50
• C) $50.63
• D) $90.00

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Definitions:

Secondary Labor Market

Employment sector characterized by low wages, job insecurity, and poor working conditions, often involving temporary or part-time jobs.

Primary Labor Market

Job sectors characterized by high wages, job security, benefits, and opportunities for advancement, often requiring higher education or specialized skills.

Overworked

A state where an individual is subjected to excessive work demands, often leading to stress and a diminished work-life balance.

Harry Braverman

An American Marxist, known for his work on labor and monopoly capitalism, most notably in his book "Labor and Monopoly Capital: The Degradation of Work in the Twentieth Century."