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Unformatted text preview: 1 Marks: 1 Choose one answer. a. $5.30 b. $10.25 c. $4.70 d. $10.00 e. $10.50 2 Marks: 1 Choose one answer. a. Fixed cost b. Price c. Variable cost d. All of these would increase e. Total revenue 3 Marks: 1 Choose one answer. a. market share b. social responsibility c. survival d. managing for long-run profit e. maximizing current profit 4 Mini test 7 Review of attempt 10 Finish review Started on Friday, October 22, 2010, 10:04 AM Completed on Friday, October 22, 2010, 10:12 AM Time taken 8 mins 30 secs Grade 6 out of a maximum of 10 ( 60 %) Last year, BruceCo sold 1000 coffee cups for $10 each. This year, the company is planning on selling 1500 coffee cups. In order to cover the additional investment they will charge $10.50 for the first 500 cups, $10.25 for the second 500 cups and $10 for the last 500. Each cup costs $4.70 to produce. What is the marginal profit for the 1125th cup? Marks for this submission: 0/1. In automating a manufacturing plant, which of these would definitely increase in the short run? Marks for this submission: 0/1. According to your instructor, which of the following pricing objectives is commonly used by publicly traded American firms?According to your instructor, which of the following pricing objectives is commonly used by publicly traded American firms?...
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This note was uploaded on 02/23/2012 for the course MKTG 431 taught by Professor Brucerobertson during the Fall '07 term at S.F. State.
- Fall '07