Which of the following describes a saturated market? a. the prices of competitors are very high. b. many people want this product and haven't purchased it yet. c. most potential buyers have not heard of the product and don't know it exists. d. most potential buyers already have a product that satisfies this need or want.

The law of demand is the assertion that ?

conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?

Which of the following is least likely to a team solve problems together