6. Write how many units should be sold to maximize revenue. Explain how you got that answer using a critical value. 7. Write the maximum revenue, rounded to the nearest cent.
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- A firm operating with average revenue $100 and producing total 10 phones. How would I calculate total revenue of the firm?Need help with calculating the total revenue and graphing. It's the questions with a red star next to them. Thanks in advance!Why do some frozen pizzas cost more than others? Think generic versus name brand. Why would a customer opt to purchase a name brand pizza over a generic brand?
- If Connecting U wants to MAXIMIZE its profits, what should they do? a) Connecting U should maintain their price at $16. Dropping the price would decrease their total revenue and profits. b)Connecting U should drop their price to $14.48. By dropping the price, they would increase their total revenue and profits. is the answer b? Note- look at the info on the right-hand side of the picAnswer in a paragraph- What are the various factors that affect your purchase process when you buy a) Shampoo, b) Television, c) Car. d) A massage service. Highlight your answer with the 4Ps in the marketing mix.(2) problem think of researches,ecommerce problem measure quantatitive and qualitative analyais.details with content by own, not copy from anywhere
- How do you explain the expected utility for a company like Publix supermarket?1.Describe the profit maximising rule.Use the following table for questions 7-10 Carving knives Home users Professional Chefs No-name brand $40 $70 High-end professional series $60 $130 Given that the firm wants to sell both the versions, how should it price its products to have the users self-sort themselves profitably?