How many pouches will you sell to make the most profit

Assignment Help Business Economics
Reference no: EM131413974

Suppose that you sell "gummies" to kindergartners. Each "pouch" costs you $2.75 to make and distribute. You know that no one will buy a pouch at $5, but if you keep lowering your price by $.25, you can keep selling another one. How many pouches will you sell to make the most profit?

Reference no: EM131413974

Questions Cloud

Develop and write your personal mission statement : Provide the research question you are considering for your Literature Review and your rationale behind your choice. What challenges do you anticipate or questions might you have as you begin the research process? Do you have any pre-conceived noti..
Description of the communicable disease : Description of the communicable disease (causes, symptoms, mode of transmission, complications, treatment) and the demographic of interest (mortality, morbidity, incidence, and prevalence)
Which is outsourcing care the paper : Which is "Outsourcing Care" the paper - the paper is about family and work balance, the interviews
Describe the quantitative analyses that it contains : Examine the report of a major company and describe the quantitative analyses that it contains. (You can find some useful information in company websites.)
How many pouches will you sell to make the most profit : You know that no one will buy a pouch at $5, but if you keep lowering your price by $.25, you can keep selling another one. How many pouches will you sell to make the most profit?
What additional features do these specialised packages have : Do a small survey of packages, comparing their graphics features. What other features would you like?
Demonstrate knowledge of the principles : Demonstrate knowledge of the principles and features of a Rogerian argument by writing on a topic of your choosing and Address and analyze the opposing perspective (reader's view) while establishing your position with supporting evidence
Explain the purpose of a business plan : Create a 10- to 12-slide Microsoft PowerPoint presentation that is an education tool showcasing your knowledge of the business plan process and its purpose. Explain the purpose of a business plan. Explain the types of information and data you might..
What is the cpi and what does the cpi measure : What is the CPI? What does the CPI measure? Which do you think has a greater effect on the CPI: a 10% increase in the price of chicken or a 10% increase in the price of caviar? Why?

Reviews

Write a Review

Business Economics Questions & Answers

  Describe and explain monopolist output decision

Evaluate the distribution of income in the United States and issues relative to inequality. Describe and explain a monopolist’s output decision.

  Relationship between coffee and doughnuts

A) Given the cross-price elasticity of demand, what is the relationship between coffee and doughnuts? B) If the price of coffee increases by 2% what will be the change in demand for doughnuts?

  How are budget deficits related to the national debt

Why are fiscal policies problematical? How are budget deficits related to the national debt?

  Calculate number of unemployed and the unemployment rate

An economy has 100 people divided among the following groups: 25 have full-time jobs, 20 part-time jobs, 5 has two part-time jobs, 10 is looking for jobs, 10 are discourage workers who has given up looking for jobs, 10 run their own businesses, 10 ar..

  Phrases and briefly explain why it matters for tax policy

Briefly define each of the following terms or phrases and briefly explain why it matters for tax policy.

  Discovery-driven team and an execution-driven team

Wise leaders know that the key to balancing innovation and execution skills in a team or company is knowing who has what skills and then figuring out how to combine those complementary strengths within a team to generate quality ideas that will produ..

  What is your average tax rate-marginal tax rate

In Taxland, the first $5,000 earned per year is exempt from taxation. Between $5,000 and $20,000, the tax rate is 10 percent. Between $20,000 and $50,000, it’s 15 percent. Above $50,000, it’s 25 percent. You’re earning $75,000 a year. How much in tax..

  Managers generally benefit from acquisitions

Which of the following is not a way managers generally benefit from acquisitions?

  The amount budgeted for advertising spending

What is the numerical value of the partial derivative of the function with respect to advertising spending (be sure to also include the + or – sign, but I do not want the symbol for this)? The amount budgeted for advertising spending is cut by $100,0..

  What is the initial level of output per person

Suppose the parameters of the Romer model (the no-capital version) take the following values: A¯ 0 = 100, ¯` = 0.10. ¯z = 1/500, and L¯ = 100. What is the growth rate of output per person in this economy? What is the initial level of output per perso..

  In the horizontal range of the sras curve

Both unemployment and the price level rise if the. If unused capacity and significant unemployment exists, then the SRAS curve is. In the classical medel, if AD shifts to the right, then. In the horizontal range of the SRAS curve,

  Q a consulting firm estimates the demand by local

q. a consulting firm estimates the demand by local businesses for attendance at a pro sports teams gamespb 140 - 4ab

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!

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