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- If the profit function for selling smart phone screen magnifier is -4500p2 + 561500p – 11898000, what selling price should Pineapple Store use to maximize profits? $62.39 $264.40 $32.95 $7.37State True, False or Uncertain: "Accounting profit is smaller than economic profit."ENGINEERING ECONOMICS DISCOUNT A hardware store purchased a tool of 20,000 pesos per unit. At what price should the tool be sold so that giving a 15% discount will provide them 25% profit? Please show complete solution of your answer.
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- Hw.146. Please set up an Excel spreadsheet, and show your work within the spreadsheet to complete the solution. 1. The demand for LED 60 Watt light bulbs sold at Home Depot can be shown by D(p) = -9p+750 where (p) is the quantity sold in hundreds and p is the price per bulb in dollars A. State the Revenue function for the LED bulbs. (Insert a text box in your spreadsheet.) B. Home Depot incurs fixed cost of $4000 and variable costs of .03 per bulb. Home Depot knows that to be competitive the bulbs must not exceed a price of $9.00 each. How much should the bulbs be sold so that Home Depot breaks even? C. What is Home Depots profit if it sells the bulbs for $7.50 eachThe Rocky Mountain Publishing Company isconsidering introducing a new morning newspaper inDenver. Its direct competitor charges $0.25 at retailwith $0.05 going to the retailer. For the level of newscoverage the company desires, it determines the fixedcost of editors, reporters, rent, pressroom expenses,and wire-service charges to be $300,000 per month.The variable cost of ink and paper is $0.10 per copy,but advertising revenues of $0.05 per paper will begenerated. To print the morning paper, the publisherhas to purchase a new printing press, which will cost$600,000. The press machine will be depreciatedaccording to a seven-year MACRS class. The pressmachine will be used for 10 years, at which time itssalvage value would be about $100,000. Assume 300issues per year, a 40% tax rate, and a 13% MARR.How many copies per day must be sold to break evenat a retail selling price of $0.25 per paper?Your friend Claire has been designing her own hoodies and giving them as gifts to friends and family. She has decided to sell them online soon by using a 3rd party website with a service surcharge based on her pricing. Using the information below, what is relationship between Claire's selling price per hoodie and profit margin? (Please choose from the image options presented, otherwise feel free to plot a graph of your own) Costs ($) Base Hoodie Cost $30 Craft Supplies to Design $10 Selling Website Service Charge 5%