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Quick Connect Manufactures High-Tech Cell Phones

Question 34

Multiple Choice
Quick Connect manufactures high-tech cell phones. Quick Connect has a policy of adding a 20% markup to full costs and currently has excess capacity. The following information pertains to the company's normal operations per month:

For long-run pricing of the cell phones, what price will most likely be used by Quick Connect?
A) $32.75 
B) $91.00 
C) $123.75 
D) $148.50

Quick Connect manufactures high-tech cell phones. Quick Connect has a policy of adding a 20% markup to full costs and currently has excess capacity. The following information pertains to the company's normal operations per month:
Quick Connect manufactures high-tech cell phones. Quick Connect has a policy of adding a 20% markup to full costs and currently has excess capacity. The following information pertains to the company's normal operations per month:   For long-run pricing of the cell phones, what price will most likely be used by Quick Connect? A)  $32.75 B)  $91.00 C)  $123.75 D)  $148.50
For long-run pricing of the cell phones, what price will most likely be used by Quick Connect?


A) $32.75
B) $91.00
C) $123.75
D) $148.50

Correct Answer:

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