5. El Sol Inc. produces beach towels. The cost of each towel is $ 4.00 and it sells for $ 10.00 after the markup on its cost. Similar towels sell for $ 8.00. How much should each towel cost you to be able to adjust to the market price and keep your profit margin?

The total amount spend on production of 500 machines are $100. The selling price of a machine is $ 25. Calculate the profit of the firm.

Based on your current quatities and costs, can you still sell a hamburger for 2.00$ and make a profit?

People usually interchange "brand" and "product" in their daily conversation. As a marketing professional, discuss the difference between a brand and a product. Use appropriate examples from both service and non-service sector.

A bakery sells pretzels. The fixed costs come to $8,750.00 per month. It will cost 35 cents to make each pretzel, and the bakery will charge $1.50 per pretzel. The bakery must sell 7,609 pretzels in a month to break even. The bakery's owners think they may not be able to sell that many pretzels. If they raise the price to $1.75, what will be the break-even point? Hint: use the Break-even point formula.

Your niece owns a different type of chicken restaurant. She specializes in chicken and noodles and    chicken pot pie.  Her pot pie is the better seller.  However, when its cold outside, the chicken and    noodles is the better seller.  She goes through about 100 chickens every two days.  It takes about    60 chickens to make 600 pot pies.  The other 40 chickens are used to make about 320 chicken and    noodle dishes.  When its cold outside it takes 70 chickens to meet the demand for chicken and    noodles. Construct a production possibilities model that graphically illustrates this problem.

Use the following table for questions 7-10 Carving knives Home users Professional Chefs No-name brand $40 $70 High-end professional series $60 $130 Given that the firm wants to sell both the versions, how should it price its products to have the users self-sort themselves profitably?