Market Research Shows Potential Customers Will Buy a Particular Product

question 108

Multiple Choice

Market research shows potential customers will buy a particular product at a selling price of $2,590.If the desired profit is 40 percent of target cost,the company should make the product if the cost does not exceed

• A)$1,036.
• B)$1,554.
• C)$1,850.
• D)$1,992.

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Definitions:

Intrinsic Rewards

Satisfaction or pleasure derived from the activity itself rather than from external rewards or outcomes.

Unique Phases

Distinct periods within a process or lifecycle that are characterized by specific features or events.

Middle Adulthood

A phase in the human lifespan, typically from about 40 to 65 years of age, characterized by stability, maturity, and increased responsibility.

Family

A social unit consisting of parents and their children, considered as a group, whether dwelling together or not.