Business
Business, 16.07.2019 17:00, foxrule

Afirm will maximize total revenue if it sells its product at a price that corresponds to:

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Mathematics, 18.07.2019 22:20, mmaglaya1
The camera shop sells two popular models of digital slr cameras (camera a price: 200, camera a price: 300). the sales of these products are not independent of each other, but rather if the price of one increase, the sales of the other will increase. in economics, these two camera models are called substitutable products. the store wishes to establish a pricing policy to maximize revenue from these products. a study of price and sales data shows the following relationships between the quantity sold (n) and prices (p) of each model: na 195-0.5pa +0.25ps nb # 301 + 0.07pa-0.5pb construct a model for the total revenue and implement it on a spreadsheet. develop two-way data table to estimate the optimal prices for each product in order to maximize the total revenue. vary each price from $250 to $500 in increments of $10. max profit occurs at camera a price of max profit occurs at camera b price of
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Business, 22.07.2019 02:30, Cocco
Afirm conducted a market analysis and determined that a new worker should be hired. if the firm decided the price of the product will remain the same, what change should occur initially to maximize revenue?
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Business, 13.08.2019 02:30, jay555538
Afirm sells a product in a perfectly competitive market. the marginal cost of the product at the current output level of 1,000 units is $2.50. the minimum possible average variable cost is $2. the market price of the product is $2.50. what should firm do to maximize profits?
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Business, 18.10.2019 23:00, Bearboy5957
The camera shop sells two popular models of digital slr cameras (camera a price: 220, camera b price: 310). the sales of these products are not independent of each other, but rather if the price of one increase, the sales of the other will increase. in economics, these two camera models are called substitutable products. the store wishes to establish a pricing policy to maximize revenue from these products. a study of price and sales data shows the following relationships between the quantity sold (n) and prices (p) of each model: na-190-0.7pa 0.35ps na-300+0,07pa-0.5p construct a model for the total revenue and implement it on a spreadsheet. develop a two-way data table to estimate the optimal prices for each product in order to maximize the total revenue. vary each price from $250 to $500 in increments of $10. max profit occurs at camera a price of $ max profit occurs at camera b price of
Answers: 3
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