Cost of Production on Relation to Price Sought Flashcards
1
Q
Prices for grapes are high, what is the price per k?
A
-$6.10
-$1.2k needed per bottle
-PC/GC= more £££
2
Q
Why is V ch more £?
A
-better grapes
-can’t be sold for 3 e
years
=delays financial returns on goods
=cashflow problems
-use of oak or not
