You Are Trying to Attract New Customers That You Feel

question 79

Multiple Choice

You are trying to attract new customers that you feel could become repeat customers.The average selling price of your products is $69 each with a $41 per unit variable cost.The monthly interest rate is 1.5 percent.Your experience tells you that 8 percent of these customers will never pay their bill.What is the value of a new customer who does not default on his or her bill?

• A)$1,733
• B)$1,867
• C)$2,617
• D)$4,817
• E)$8,867

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Definitions:

Organelle

An organelle is a specialized subunit within a cell that has a specific function, enclosed either by its own membrane or none.

Chemical Bonds

Attractive forces that hold atoms together in compounds, crucial for the formation of molecules and materials.

Electrons

Subatomic particles with a negative electric charge, found in all atoms and acting as the primary carrier of electricity in solids.

Universal Solvent

Water, due to its ability to dissolve more substances than any other liquid, thus facilitating countless biological and chemical processes.