Question
My company decided to import a product from Germany to Canada. If the price of German product is 10 CAD in our currency, with assumption
My company decided to import a product from Germany to Canada. If the price of German product is 10 CAD in our currency, with assumption of selling price to wholesaler in Canada has 70% profit.
A- if the wholesaler thinks about 50% profit to sell it retailer, what is price for retailers?
B- If retailer want to make 100% profit for every item, what would be the end user price?
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Managerial Economics
Authors: Mark Hirschey
14th edition
9781473709263, 1473709261, 1473717343, 1473717345, 978-1305506381
