Reference no: EM13221419
Suppose you are a manager of a firm that produces products X, Y and Z. You know that there are two different types of consumers, type 1 and type 2, who value your products differently. You also know that there 10,000 type1 consumers and 50,000 type 2 consumers with the following valuations for the three products:
Consumer Type Product X Product Y Product Z
1 $250 $150 $100
2 $200 $75 $250
(a) If you price each product separately (i.e., using a standard pricing strategy), what prices should you charge to maximize revenues and what are the revenues?
(b) If you adopt a first-degree price discrimination policy, what prices should you charge to maximize revenues and what are the revenues?
(c) If you use a commodity-bundle strategy such that the products are sold as one item (i.e., you market product X, product Y, and product Z together), what price should you charge to maximize revenues and what are the revenues?
|
Explain the strongest base among the halide ions
: Consider the halide ions as nucleophiles. Briefly explain why F-, the strongest base among the halide ions, is the best nucleophile in polar aprotic solvents while iodide the weakest base
|
|
What will the insurance company pay
: What will the insurance company pay?
|
|
Discuss the benefits and weakness of bureaucratic discretion
: Discuss the benefits and weakness of bureaucratic discretion to public sector management and how does administrative responsibility contribute to the attainment of public interest
|
|
Define the freezing point of the solution
: When 6.50 g of the solid is dissolved in 50.0 g of water, the freezing point of the solution is lowered by 5.23 degrees celsius. What is the composition by mass of the solid?
|
|
What prices should you charge to maximize revenues
: Suppose you are a manager of a firm that produces products X, Y and Z. You know that there are two different types of consumers, type 1 and type 2, who value your products differently. You also know that there 10,000 type1 consumers and 50,000 typ..
|
|
What amount would each insurer contribute to the claim
: The value of the building is $300,000 and contents are valued at $150,000. The common policy is a CPP with a $1,000 deductible. The isolated restaurant suffers a fire loss resulting in damage to the building of $100,000 and damage to contents of $..
|
|
Explain the metal barium crystallizes in a body-centered
: The metal barium crystallizes in a body-centered cubic lattice. If the density of barium is 3.51 g/cm3, what is the unit cell volume?
|
|
What is the opportunity cost of increasing annual output
: Obviously, given their limited resources and available technology, as they use more of their resources for corn production, there are fewer resources available for breeding poultry. Maximum annual output options Quantity of Corn(pounds) Quantity o..
|
|
What is the benefit cost ratio for the project
: What is the benefit cost ratio for the project?
|