Why might some prefer a prix fixe (fixed price) dinner costing about the same as an à la carte one (where they pay individually for each item)? Assuming the food is the same.
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Why might some prefer a prix fixe (fixed price) dinner costing about the same as an à la carte one (where they pay individually for each item)? Assuming the food is the same.
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- A 30-minute massage at Massage Envy costs on average about $50. A massage at The Woodhouse Day Spa in contrasts costs about $125 for a 30-minute massage. Unlike physical products whose price is largely dependent on the quality of materials used to produce it, the price of services is often harder to determine What can contribute to the price disparity in the example above? Include in your discussion the characteristics of services discussed in Chapter 13 and presented in the video clips in this module.Food Cost Percentage. With an overall cost of goods totaling $64,000 and sales of $181,000, what is the food cost percentage?Is the price of the whole wheat noodles premium, discounted, or on par with other
- Describe what you are selling (1 item only): What is the price you will sell at to sustomer: How will you explain to potential customers WHY they should buy your product? If your total costs to run the company is $5,000 per month, how many do you have to sell each month to cover your costs? Show your calculation! Do you think this is a realistic number to achieve each month? Explain your answer. In case sales go slower than expected, come up with a volume discount offer for customers and describe how it will work in the box below: (for example if you buy 5 items instead of 1, you will give customer a 10% discount).what is an amount deducted from the list price that is granted by a supplier of goods/services on the list or catalog price? What is The creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation into finished products?The price a company charges will fall somewhere between one that is too low to produce a profit (price ceiling) and one that is too high to produce any demand (price floor). " True False
- The markup on a new diamond ring should be 25% based on selling price. If the seller paid $4,325.00 for one, then how much should it be sold for to achieve the desired markup?The regular price is $569. The store is offering a 25% discount and a sales tax of 6% is added after the discount. What is the total cost of the TVThe management of two different-sized sachets of maize meal—5 kg and 3 kg—is entrusted to you. The larger sachet is priced at R45 and the smaller one is R30, according to Shoprite your primary supplier. Currently, the promotion for the smaller packet says, "Buy ONE get the second HALF PRICE!" Calculate which size of Sugar currently gives you the best value for money.
- A company that manufactures cars would use about 50,000 steering wheels per year. Such steering wheel is being ordered from a supplier that would cost the company P1,250.00 per order. It would also costs 40% of the steering wheel's cost to keep it annually. The steering wheel costs P7,500.00 each. How much is the total inventory cost?When priced at $10, Jasmine sells five packages of her home-made Mediterranean flat-bread per day. When she raised her price to $15, she still sold five packages per day. Based on this information, the demand for her flat-bread is A) price inelastic. B) perfectly price inelastic. C) unit price elastic. D) perfectly price elasticMany Firms offer a “Buy 4, Get 1 Free” card to encourage customer loyalty What is the price segmentation concepts that support such an offer? Which of the following types of fi rms is most likely to find a “Buy 4, Get 1 Free” offer to increase unit sales, and why? Gift card shop, coffee shop, hair salon, hardware store"