Though killer whales, also called orcas, are considered whales by most people, they are actually members of the Delphinidae (dolphin) family. Killer whales are excellent hunters that a wide range of prey, including fish, seals, and big whales such as blue whales.
firm price. Definition. Price which is not negotiable. Use firm price in a sentence. â The offer was made, it was a firm price, so the investor had the opportunity to take or leave it.
See Fig. 77 . A key element in full-cost pricing is the estimate of sales volume that is necessary to calculate average fixed cost and required unit contribution, although inevitably the price charged will itself affect sales volume. The full-cost pricing method is also called AVERAGE-COST PRICING. Although this pricing method is based upon costs, in practice managers take into account demand and competition by varying the target profit markup over time and between products.