The Management of Claypole Corporation Has Provided the Following Data

question 68

Multiple Choice

The management of Claypole Corporation has provided the following data concerning its two products-H59 and C92: The constrained resource is a particular machine that is available for 10, 100 minutes each month.Each unit of product H59 requires 5 minutes on this machine.Each unit of product C92 requires 3 minutes on this machine. The company is considering launching a new product that would have a variable cost of $88.00 per unit.It would require 11 minutes of the constrained resource.The absolute minimum acceptable selling price for the new product should be:

• A)$89.80
• B)$107.80
• C)$110.00
• D)$88.00

Comprehend the factors contributing to economic downturns in the early 1990s.

Grasp the implications of geopolitical changes, such as the end of communism in Europe, on globalization and the U.S. economy.

Evaluate the impact of technological advances on scientific work and society.

Understand the broad influence of biological factors, such as testosterone and genetics, on aggression.

---

Definitions:

Second-Degree Discrimination

A pricing strategy where prices are varied depending on quantity sold, such as bulk discounts, or according to product versions.

Peak-Load Pricing

Peak-load pricing is a strategy that involves charging higher prices during periods of high demand and lower prices during periods of low demand to manage usage and balance supply and demand.

Consumer Willingness

The maximum amount a consumer is ready to pay for a good or service, reflecting their valuation of it.

Marginal Revenue

The added revenue obtained from trading an additional unit of a product or service.