Jos Ruiz starts a company that makes handcrafted birdhouses. Competitors sell a similar birdhouse for...
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Jos Ruiz starts a company that makes handcrafted birdhouses. Competitors sell a similar birdhouse for $265 each. Jose believes he can produce a birdhouse for a total cost of $210 per unit, and he plans a 30% markup on total cost. (a) Compute Jos's planned selling price. (b) Is Jose's price lower than competitors' price
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