User Account

All Pages

Total profit at the profit-maximizing activity level

Assignment Help Business Management
Reference no: EM131675465

Revenue Maximization. Restaurant Marketing Services, Inc., offers affinity card marketing and monitoring systems to fine dining establishments nationwide. Fixed costs are $600,000 per year. Sponsoring restaurants are paid $60 for each card sold, and card printing and distribution costs are $3 per card. This means that RMS's marginal costs are $63 per card. Based on recent sales experience, the estimated demand curve and marginal revenue relations for are:

P = $130 - $0.000125Q  and   TC=600,000 +63Q

Calculate output, price, total revenue, and total profit at the revenue-maximizing activity level.

Calculate output, price, total revenue, and total profit at the profit-maximizing activity level.

Reference no: EM131675465

Questions Cloud

What is the yen roller coaster about : What is the Yen Roller Coaster about? Explain terms such as " Carry Trade" and "Countervailing tariffs" and their effects on the economy.
Discuss coping mechanism that allows women to survive : Walker's theory of learned helplessness has been hotly debated. Walker sees it as a sophisticated coping mechanism that allows women to survive a potentially
Evaluate the level of impact of it : Evaluate the level of impact of IT / enterprise architecture on information management .State the main reasons why the authors make this assertion .
Ethical concerns in case regarding negotiable instruments : Thus, McNamee contended that because the original note was destroyed, the note could not be enforced. What ethical concerns are at issue in this case regarding.
Total profit at the profit-maximizing activity level : Calculate output, price, total revenue, and total profit at the profit-maximizing activity level.
Discomforting those who are comfortable with the status quo : “There is no way to change the status quo without discomforting those who are comfortable with the status quo.”
Pros and cons of more congressional oversight of the fed : This is a form of intensive Congressional oversight. What are the pros and cons of more congressional oversight of the Fed?
Discuss lesbian or bisexual : Describe someone you know (e.g., yourself, a friend, a family member) who is gay, lesbian, or bisexual.
Discuss about the effective management of projects : There are three (3) recommendations for effective management of projects in concurrent multiphase environments: Organizational System Design etc.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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