Question
If Dakota presents her product to the sharks on Shark Tank and the sharks want to know her breakeven point, what are they asking for?
If Dakota presents her product to the sharks on Shark Tank and the sharks want to know her breakeven point, what are they asking for?
a. The sharks want to know that the products price will be matching competitors pricing in the marketing mix.
b. The sharks want to know the sales volume needed at a given price to cover the costs of producing the product.
c. The sharks want to know that the market price will be set at a point the retailers will offer the product for sale.
d. The sharks want to know the total costs per unit at an added markup to cover overhead costs and generate profits.
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