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Question 15t2 points) What is the relationship between a cost and a price, iany? Price sets a limit on cost at a given set price

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Question 15t2 points) What is the relationship between a cost and a price, iany? Price sets a limit on cost at a given set price Costs do not determine price, they simply are taken to sing price to yielda profit, thus the relationship is between cost and profit. Cost is set by the market based on the match between a products the preference of the customer, price is than based on the cont There is no relationship between a cost and a price Question 16 (2 points) Saved Young Corporation is designing a voice activated control for electronic devices market analysis indicates that the planned device can be sold price of $150 per unit. The company has determined that a 30% profit on the product will allow it to recover the costs of development and production, and provide an der capital. Under these circumstances, the target cost of the remote MacBook Air 21 5 E w R . D D F G S A B. V X x N command option

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