How should she price the hats

Reference no: EM133714257

Question: In her spare time, your colleague is selling novelty hats on Etsy. The hats are currently priced at $35/hat. Your colleague is not happy with her current revenue stream and asks you for advice. You estimate that the demand for her hats is: Q = 600 - 10P. If your colleague is looking to maximize revenue, how should she price the hats?

Reference no: EM133714257

Questions Cloud

For which behavior might advance practice nurse be subject : The advance practice nurse understands the practice of nursing is defined. For which behavior might an advance practice nurse be subject to legal action?

What extent would a living wage help this family : Your monthly income is 5600$ and your monthly expense is 4700$. If we put the living wage is calculated, I get $6307. To what extent would a 'living wage' help

How are traditional forms of socialization being challenged : How are traditional forms of socialization being challenged, and how can we build and keep healthy social connections both with technology and outside playing?

Which term best describes the nurses actions : The nurse informs the client that another person will assist with the insertion of the cath. Which term best describes the nurse's actions?

How should she price the hats : You estimate that the demand for her hats is: Q = 600 - 10P. If your colleague is looking to maximize revenue, how should she price the hats

Identify the gender profile stereotypes : One should address elements from research in any way that identify with the gender profile stereotypes described.

Raise the equilibrium world price : Equilibrium world price from to . They've consulted with different groups, asking for their opinion on whether they prefer the import quota or the import tariff

Which term describes the standards : The nurse manager tells the nursing staff about a set of standards defined by the Medicare and Medicaid Electronic Health. Which term describes these standards?

What did you originally assume was going on in the situation : What did you originally assume was going on in this situation? How would you assess the safety of yourself and your patient in this type of situation?

User Account

All Pages