A company has designed a new product (XYZ). It currently estimates that in the current market, the product could be sold for N$70 per unit. A gross profit margin of at least 30% on the selling price would be required, ...

Hifi Limited assembles and sells many types of radios. It is considering extending its product range to include digital radios. These radios produce a better sound quality than traditional radios and have a large number of potential additional features which ...