company is currently operating at 80 capacity level the production under normal capacity level is 150000 units the variable cost per unit is 14 and the total fixed cost are 800000 if the company wants to earn a profit of 400000 then the price of the product per unit should be?
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No, the present methodology of poverty estimation is in appropriate because it takes into account only the basic needs of food, clothing, fuel, etc. But the quality of these basic necessities is the lowest quality available, which is not appropriate. (a) The amount which is fixed as the poverty line does not include the margin for price fluctuations and price rise which is constantly occurring. (b) The poverty line should include some correction for inflation and to take care of the market fluctuations.
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