Question 35 1 pts Geek Zone uses target return pricing and is hoping to earn a 35 percent return on its investment of $2

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Question 35 1 Pts Geek Zone Uses Target Return Pricing And Is Hoping To Earn A 35 Percent Return On Its Investment Of 2 1 (23.49 KiB) Viewed 35 times

Question 35 1 pts Geek Zone uses target return pricing and is hoping to earn a 35 percent return on its investment of $2 million during this coming year. Geek Zone sold 30,000 online, daily crossword accounts last year and hopes the same quantity will be sold this year. If Geek Zone has fixed costs of $500,000 and variable costs of $10 per account, what price should the firm set to achieve its target return? $25 $50 $35 $40 $30