How much should the firm charge for package

Assignment Help Other Subject
Reference no: EM133251923

A monopoly is considering selling several units of a homogeneous product as a single package. Analysts at your firm have determined that a typical consumer's demand for the product is Qd = 60 - 0.25P, and the marginal cost of production is $80.

a. Determine the optimal number of units to put in a package.

b. How much should the firm charge for this package?

Reference no: EM133251923

Questions Cloud

Dfescribe the ways organization can face reputational risk : Reputation: Briefly describe the ways an organization can face reputational risk through outsourcing its manufacturing to MEXICO AND INDIA
Recent challenges in the supply chain structure : 53095 Global Supply chain management Level 7 Evaluate how the industry dealt with (or coping with) supply chain management issues between the year 2020 to 2022
Evaluate stage of information literacy : Explain how the article you selected meets the qualities that are important in the Evaluate stage of information literacy. The qualities to consider include qua
Type of value creation strategy : A manufacturer of electric stand mixers wants to better compete in this highly competitive market. It decides to offer its mixer in over 50 different colors so
How much should the firm charge for package : Analysts at your firm have determined that a typical consumer's demand for the product is Qd = 60 - 0.25P, and the marginal cost of production is $80.
How apple pricey new iphone x tests economic : Article: How Apple's Pricey New iPhone X Tests Economic Theory by Josh Zumbrun and Tripp Mickle
What is the market price of a haircut : Consider the information on the willingness to pay for haircuts for five individuals given above. If each individual demands just one haircut and the total cons
How would medicaid and va prices change : How would Medicaid and VA prices change? Please include in-text citations and references.
What private market solutions could help reduce congestion : 1. Compare and contrast subway systems with highway systems in terms of low vs. high excludability and low vs. high rivalry in peak and off-peak periods.

Reviews

Write a Review

Other Subject Questions & Answers

  Draw appropriate conclusion about your hypotheses in writeup

Utilizing any available disclosed database for SPSS, develop a researchable set of hypotheses related to the database. Clearly define quantitatively analyzable hypotheses, analyze your data with SPSS, and write up the results in a full quantitativ..

  How china-s economic and military growth influence relations

As China's global influence increases, explain how China's economic and military growth, as well as its improved political influence, likely to influence China's relations with countries around world?

  Research and choose alegal case concerning a school

Research and choose alegal case concerning a school or school district in British Columbia.

  How does globalization affect your life and career

How does Globalization affect your life and career, and is it Ultimately a benefit or detriment to society in The United States? response 500 words APA format.

  Strategic alliances in health care organizations

This unit's readings introduced strategic alliances in health care organizations. What are the reasons that alliances fail. What can be done to overcome

  Write an essay on the red convertible

Write an essay on The Red Convertible, Make sure you do the internal citations correctly

  How would the amount of patient fluid loss be determined

You are a nurse who frequently cares for post-surgical patients in your hospital unit. Most of the medical-surgical patients have IV fluids infusing during.

  Carry out a health promotion activity for a client

Plan and carry out a task that demonstrates your understanding of a client's need to feel at home. Plan and carry out a leisure activity for a client who has physical or cognitive impairment. Plan and carry out a health promotion activity for a clien..

  How important is it to use a process map and why

When undergoing a process improvement initiative how important is it to use a process map and why?

  Research about the hispanic women in politics

The purpose of this assignment is to draft a preliminary review of information sources for your applied research study (Hispanic women in Politics).

  What you may face as an individual with tb

What you may face as an individual with TB. What can you expect in the short- and the long-term? What are the challenges? What are your symptoms?

  Principles of ethical organizational communication

Explain each of the three principles of ethical organizational communication, as outlined in Chapter Ten of your textbook. Then, describe how these principles are important during external organizational communication, such as lobbying, marketing ..

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