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Jose Ruiz wants to start a company that makes snowboards. Competitors sell a similar snowboard for $345 each. Jose believes he can produce a snowboard
Jose Ruiz wants to start a company that makes snowboards. Competitors sell a similar snowboard for $345 each. Jose believes he can produce a snowboard for a total cost of $270 per unit, and he plans a 30% markup on his total cost. 1-a. Compute Joses planned selling price.
1-b. Can Jose compete with his planned selling price?
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Yes
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No
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