Using a target ROI pricing strategy,and given the following information,what would be the final unit selling price for a product if a manufacturer invests $1,000,000 (U.S.) in a product with unit costs of $10 each,expected sales of 20,000 units,and has a desire to achieve 8% ROI?
A) $11
B) $12
C) $13
D) $14
E) $15
Correct Answer:
Verified
Q28: Which pricing technique relies on regular prices
Q29: Manufacturers most often offer quantity discounts to
Q30: Which of the following factors is not
Q31: When an international marketer promotes one price
Q32: Which of the following early payment discounts
Q34: What kind of price discount in international
Q35: In international markets,if an oligopoly sets prices
Q36: Using a target ROI pricing strategy,and given
Q37: Which term refers to the power to
Q38: The phrase "2/10 net 30" reflects which
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents