What will breakeven be at optimal price structure

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Reference no: EM1379827

Q. Demand = 456000-26500p; where p represents average check amount. What would impact to your profits be if your price structure is changed so that average check value either increases or decreases from proposed strategy? Try a range of average check values from $ 1 to $20, compute corresponding demand also find revenue, costs, profits various prices. What is best price to charge? What will breakeven be at optimal price structure?

Reference no: EM1379827

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