Question: In the cinnamon case, which statement is correct regarding the terms cost and price? In the business context, one can use them interchangeably all the

 In the cinnamon case, which statement is correct regarding the terms
cost and price? In the business context, one can use them interchangeably

In the cinnamon case, which statement is correct regarding the terms cost and price? In the business context, one can use them interchangeably all the time. The seller is only concerned about the cinnamon cost. In the general public conversation context, one may NOT use them interchangeably. In the business context, these are two distinct concepts. This question is about the seller's BATNA, or its WATNA in this instance, in the cinnamon case. The seller, Mahek Masala, has already received an offer from another buyer, Marex Pharma Ltd., to buy 700 kilograms at the price of Rs. 390 per kilogram. This is the seller's BATNA in negotiation with offshoot. We also know that the seller has paid Rs, 290 per kilogram to purchase 1,000 kilograms of the cinnamon and has spent Rs. 70 per kilogram to clean it with natural chemicals, In this scenario, what is the seller's total profit or loss after "no-deal" with offshoot company and accepting the offer of Marex Pharma Ltd? A profit of Rs, 87,000 A loss of Rs, 87,000 A profit of Rs. 273,000 A loss of Rs. 273,000

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