If Royal Inc.purchases each unit of product X for $100 and can sell it in the market for $135; the selling price of the product for Royal would be $100.

Question

Quizplus · Accepted Answer

If the cost of the product for Royal Inc. is $100 and it sells for $135 in the market, the selling price for Royal Inc. would be higher than $100, taking into account the profit margin. The exact selling price would depend on the profit margin that Royal Inc. desires to make.