Question: i need help on this question 2. Marketers strive to deliver a profitable product for their firm. Marketers must understand mark- up calculations when pricing

i need help on this question i need help on this question 2. Marketers strive
2. Marketers strive to deliver a profitable product for their firm. Marketers must understand mark- up calculations when pricing their products to achieve profits. If the marketer desires to have a "% Mark-up on COGS" of 50%, what price (in dollars) must be charged to the consumer? Assume Cost of Goods Sold (COGS) is $250. Show your equations and calculations

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!