User Account

All Pages

Determining the appropriate optimal pricing strategy

Assignment Help Business Economics
Reference no: EM132424188

A market research shows that there are two groups of consumers, A and B, with different sensitivity to price change. Group A's demand is estimated to be QA=200-0.5P and Group B's demand is estimated to be QB=420-1.5P. Marginal Cost is assumed to be $30.

 

Given the information above, what is the most appropriate optimal pricing strategy?

Reference no: EM132424188

Questions Cloud

Optimal commodity taxation : Demand for some commodity equals P = 90 - 3Q, while the supply is perfectly elastic at the price P = 30.
What Core Values would want to ingrain in Company Culture : What would happen to your company's performance if you and your co-managers stick with the status quo and fail to make any corrective adjustments
Graph kerry new budget constraint : Graph Kerry's new budget constraint. How might this affect Kerry's welfare dependency? Consider multiple scenarios.
Stakeholder engagement added value to the policy : The author presented several benefits and an analysis of five cases in which stakeholder engagement added value to the policy making process.
Determining the appropriate optimal pricing strategy : Given the information above, what is the most appropriate optimal pricing strategy?
Health data is sensitive and confidential : Health data is sensitive and confidential-it should be kept safe. Data security is one of critical activities which has become challenging for organizations.
Unit 18 Discrete Mathematics Assignment Problem : Unit 18 Discrete Mathematics. Assignment Title - Discrete mathematics in Computing. Examine set theory and functions applicable to software engineering
Does the use of social media shape for purchasing decision : Discuss any insights you developed about the importance of the consistency of integrated brand communications.Does your use of social media shape
Recessionary phase of the business cycle : If interest rates are decreased when our economy is in a recessionary phase of the business cycle and you explain why interest rates are being held down?

Reviews

Write a Review

Business Economics Questions & Answers

  Which is more economical plant with payroll

Which is more economical, a plant with a payroll of $400 a week, with $100 of overhead, and with an output of 100 units per week, or a plant with a payroll of $80,000 a week, an overhead of $100,000 a week, and an output of 50,000 units per week? How..

  People in the sample do volunteer work

What is the probability that more than 21% of the people in the sample do volunteer work?

  Bearing on the theory of comparative advantage

Macroeconomic considerations, such as the value of the exchange rate and whether or not full employment exists also have a bearing on the theory of comparative advantage. Explain

  How many of the 20 would you expect to indicate

How many of the 20 would you expect to indicate that the Treasury should continue making pennies? What is the standard deviation?

  Consider the market demand function for coal

Consider the following market demand function for coal is p t = 200 − 0 . 1 q t . A mining company own a coal mine that has recoverable deposit amount of 2000 tonnes. The firm’s marginal extraction cost is $50 per unit. Assuming only two production p..

  Probability of getting an even number

Please help determine probability of any outcome for example., the probability of getting an even number from the die and tails.

  Interval for the population proportion

Construct a? 99% confidence interval for the population proportion. Interpret the results.

  What is the present value of cash flows

If the discount rate is 7 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal pla

  Status of the private nonresidential fixed investment

What is the indicator status of the Private Nonresidential Fixed Investment? Explain.

  Exemplar of good coding

If the code is an exemplar of good coding, explain what leads you to that conclusion. Be specific. If the code needs improvement, include a rewritten version of the code, in which you apply one of the methods described above to improve the program...

  What is the easiest way to understand the supply curve

What is the easiest way to understand the supply curve in macroeconomics?

  Discuss the nature of the moral hazard inherent

Discuss the nature of the moral hazard inherent in this work arrangement on the part employees.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd