Match Point Racquetball
Question 1
0 / 1 pts
Match Point Racquetball Shop is a local retailer. Match Point buys racquets from a regional distributor who works as an intermediary between the manufacturer and Match Point. The manufacturer of the racquets prices the product using Demand-Minus Pricing. The manufacturer’s selling price (to the distributor) for the X-Omega racquet is $18.00 per racquet. The retailer’s selling price of the X-Omegaracquet to end consumers is $30.00 per racquet. The distributor requires a 20% markup for every X-Omega racquet. What is the RetailMarkup and Cost of Goods on a per racquet basis for Match Point?
- 20% Markup; $26.25 Cost of Goods
- 25% Markup; $18.75 Cost of Goods
- 39% Markup; $21.60 Cost of Goods
- 25% Markup; $22.50 Cost of Goods
- 28% Markup; $21.60 Cost of Goods
Question 2
1 / 1 pts
In order to effectively use price competition as a sustainable competitive advantage, a firm must have _________________.
- many competitors
- the lowest cost
- adequate distribution
- elastic demand
- a unique product
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.