Develop a statistical software package

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You are a pricing analyst for QuantCrunch Corporation, a company that recently spent $15,000 to develop a statistical software package. To date, you only have one client. A recent internal study revealed that this client's demand for your software is Qd=300-0.2P and that it would cost you $1000 per unit to install and maintain software at this client's site. The CEO of your company recently asked you to construct a report that compares (1) the profit that results from charging this client a single per-unit price with (2) the profit that results from charging $1450 for the first 10 units and $1225 for each recommendation that would result in even higher profits.

Reference no: EM131088788

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