Hermes is a luxury brand that primarily sells clothing and accessories. Their products aren't known for discounts, but they are known for quality. Certain products are very distinctive and even have waiting lists for customers who wish to purchase these items. H&M is known as a "fast fashion" brand that also primarily sells clothing and accessories. They are generally not expensive, but very design conscious. They can be found in many malls. Hermes follows the strategy and H&M follows the strategy.

What is the sequence of events that could lead to trade surplus

)a business incurs the following costs per unit: labor $125/unit, materials $45/unit, and rent $250,000/month. if the firm produces 1,000,000 units a month, calculate the following: a. total variable costs b. total fixed costs c. total costs

Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no