The unit cost or unit price assess the
expense per dollar, per pound, per liter, per grams, etc., of the items you
want to buy. With the unit price, just divide the cost of the commodity:
Example, 3 liters for $6.90 is $6.90/3 liters = $ 2.3 per liter or when
comparing the prices of the unit can be the most precise way to find which the
“best buy.†is Example, what is good 3 liters of milk at $ 6.90, or 2.5 liters
of milk at $ 5.25? In such a scenario, the unit is 1 liter, and the unit prices
are: $6.90 / 3 liters = $ 2.3 per liter or $ 5.25 / 2.5 liters = $ 2.1 per
liter which concludes that the lowest unit cost and the “best buy†or best
bargain price is 2.1 liters at $ 2.5. (Guizzardi, 2017).
Dividends, higher operating costs are some of the key components
governance issues facing corporate governance in the U.S in the most recent
growth and expansion with the “best buy†or best bargain. For instance, higher
costs will lead to lower supply, and the supply will exceed demand and shortage
of goods which will bring monopoly exploitation between corporations. Hence
high price will distort the market and will eventually lead to oversupply.
In conclusion, best buy can be attained by the government of U.S
maximizing prices whereby they set clarity for the market to reduce the price
when is too high. The reasons for imposing maximum rate control is to ensure
that: the essential goods for the daily bases their prices will be reduced so
that every person can be able to afford the products and which also make stable
supply not to affect the price control; hence no fall in quantity supplied.
(Parker, 2013).
Additional articles
A contract is a legal binding agreement between two people. For a contract to be legal an offer must be made and the other person must accept the offer made. A price must also be paid to show willingness of an individual to enter into the contract...Business-Law-1 …
Read ArticleMost of the commodities people use at home are either basic or acidic. Acidic components can be identified through their ability to make things sour while basic or alkaline components have a slippery feel. The quantity of hydrogen ions in a substa...Commodities-People-Use-at-Home- …
Read ArticleIf you want to know about the importance of academic writing and want to become a quality academic writer, then you should probably read this article! We will like you guys to know that academic writing is a difficult job, and because of this very re...Importance-of-Academic-quality-writing! …
Read Article