Company determines that the demand for a new watch

Assignment Help Business Management

Reference no: EM13701799

Flying Thyme watch company determines that the demand for a new watch is given by d(p) = 35ln(150-5p), where p is price in dollars and d(p) is demand in thousands. Is a price of $25 too high or too low? If the company wanted to maximize revenues, what would they price the watch at? Explain to me in English.

Reference no: EM13701799

Questions Cloud

Non-alcholic beverage : Provide the following information to set the foundation for your non-alcholic beverage (NAB) business plan.1.Create your NAB company name and explain its significance.2.Develop your company's Mission Statement and provide a rationale for its componen..

Develop a project budget : In Module 5, you used a work breakdown structure (WBS) as the basis for estimating project costs; that is, you identified only labor costs. In this application, you will prepare a budget that includes all costs (labor and non-labor costs).

The difference between branding communications : Explain, in your own words, the difference between branding communications and sales or promotional communications. Give specific examples. Which is more effective? Would you recommend one over the other? Why or why not?

Determine the production level that minimizes average cost : New weight training equipment is being produced with the weekly cost function of C(x) = 0.001x^3-0.6x^2+217x+7200, 50 (

Company determines that the demand for a new watch : Flying Thyme watch company determines that the demand for a new watch is given by d(p) = 35ln(150-5p), where p is price in dollars and d(p) is demand in thousands. Is a price of $25 too high or too low? If the company wanted to maximize revenu..

In what ways does accepting outside investment : In what ways does accepting outside investment change the ways you manage your business?Name four ways that an investor can receive payment from a business. Describe the advantages and disadvantages of each.

Notices from credit card companies : Notices from credit card companies, ads on television, warnings on the evening news, release forms at the doctor's office, and locker searches at school all address the issue of invasion of privacy. Some are opposed to what they believe is an ..

Considered to be an effective recruiting guidelin : 11.Which of the following would NOT be considered to be an effective recruiting guideline? a. Give serious consideration to the content of information presented to candidates rather than the context in which it is presented. b. Present importan..

Organizations be cognizant of the influences of globalize : 1. Why must Canadian organizations be cognizant of the influences of globalization when considering recruitment and selection? a. Globalization affects the pricing strategies for goods and services. b. Globalization creates higher trade barrier..

User Account

All Pages