Find out the pricing strategy to increase revenues

Reference no: EM1312309

1. In each of the cases listed below determine what this consumer needs to do (in terms of purchasing X and Y) to maximizes their utility.

Price is in dollars per unit. Marginal utility is measured in 'utils.'

Case	Price of X	Marginal Utility of X	Price of Y	Marginal Utility of Y
A	10	2	5	3
B	12	4	4	2
C	3	1	6	2
D	4	2	4	2
E	8	4	4	3

2. As Vice-President Marketing and Sales of a business venture, you have been asked to deliver a pricing strategy to increase revenues for all product lines. Discuss how you would use information on the elasticity of demand for each of the products in developing the strategy.

Reference no: EM1312309

Questions Cloud

Discuss on to issue of new debt and break even analysis : Discuss on to issue of new debt and break even analysis and what does it imply regarding whether or not the firm should go ahead with the new debt issue

Private economy also the multiplier in a mixed open economy : Illustrate what is the difference among the multiplier in a closed private economy also the multiplier in a mixed open economy.

Probability for owning a credit card : If student is chosen at random, determine the probability that he or she is sophomore and owns a credit card.

Simple and conditional probabilities : Since she is allowed to reserve one time if her first serve is out what should her serving strategy be?

Find out the pricing strategy to increase revenues : In each of the cases listed below determine what this consumer needs to do (in terms of purchasing X and Y) to maximizes their utility.

Evaluate surplus relief generated : Evaluate the surplus relief generated from the reinsurance transaction and RST Company had the following account balances

Stereo systems cer bought from stereo manufacturer : CER defaults on its loan payments to Bank One. Can Bank One attach the 100 stereo systems CER bought from Stereo Manufacturer.

The rate of heat transfer passing from the boiling water : If the far end of the iron rod is in an ice bath at 0°C, find the rate of heat transfer passing from the boiling water to the ice bath. Suppose there is no heat loss to the surrounding air.

Discuss the capital structure of the firm : Discuss the capital structure of the firm and What conclusions can you draw from this example regarding the use of debt

User Account

All Pages