Q: Sarah's profit-maximizing amount of output is sandwiches/day.
A: The condition for profit maximizing level of output in monopolistic competitive market is at where:-…
Q: Answer the questions and define the phrases/terms and explain the relationship between them when…
A: Answer -
Q: f profit for the shoes firm is $400 and the cost is $800 Calculate total reven
A: Total revenue refers to price multiplied by quantity. Total revenue refers to total receipts from…
Q: 6. Write how many units should be sold to maximize revenue. Explain how you got that answer using a…
A: Revenue maximisation may be a theoretical objective of a firm which attempts to sell at a price…
Q: Comfort marketing is a type of cognitive message strategies True O False
A: A cognitive message strategy is a strategy which in turn presents pieces of information or rational…
Q: ly competitive industry is characterize ing products that are similar but not identi ing products…
A: Market refers to a place where goods & services are bought & sold. Here the goods are sold…
Q: Is Hilton’s product mix deep as well as wide? Explain your answer
A: The Hilton Performance Advantage is a comprehensive system. System of creative ideas and smart…
Q: how markup pricing can be helpful to managers to make the firm earn the maximum amount of profit…
A: Markup pricing is a way of calculating the price of a product or service by combining all of the…
Q: HOW TO CALCULATE PROFIT FROM THIS GRAPH?
A: MR curve has same vertical intercept as demand curve, but half the horizontal intercept of demand…
Q: When the price is between AVC and ATC (ATCAVC), then total revenue for the competitve firm
A: TR = P x Q TVC = AVC x Q TC = ATC x Q
Q: Describe your ideal company culture
A: The way you do things at work is referred to as company culture. It's the sum of your official and…
Q: Need help with c (the break even point) and d (the price range for which the company will make a…
A: X Y = 159.24x+65065.22 280 159.24*280+65065.22 =…
Q: what are the formulas for each column? what is the profit maximizing output q and p? what is the…
A: a) Following below are the formula's for each of the following columns; Average variable cost =…
Q: THE MAIN DIFFERENCE BETWEEN EX-ANTE AND EX-POST ECONOMIC PROFIT
A: Ex-ante and Ex-post area unit 2 Latin words accustomed predict the come against security. Ex-Ante…
Q: The Roadrunner farm, Wheeler’s one of competitors, reports that at their profit maximizing output,…
A: At profit maximisation, Marginal revenue is equal to marginal cost and price is determined by the…
Q: After the production and marketing tests and the preparation of a marketing program, a process is…
A: There are several stages through which output will be generated and products will go through before…
Q: Describe the procedure of Gauging Product Cost and Price?
A: The cost of production of a good or service is the aggregate value of the investment made by a…
Q: Calculate average, marginal, and total revenue.
A: ANSTR is the total receipts of a seller that he earns from selling the goods that it produces. If P…
Q: Explain the term Deceptive practices?
A: Unfair trade practices: It refers to utilizing different misleading, deceitful, or deceptive…
Q: Using the figure above, what is the total revenue for the firm?
A: Total revenue is the product of the total quantity produced and the price per unit of the product
Q: what are the maximum profits this firm can earn?
A: A competitive market is a typical market that answers the demands for goods and services. A…
Q: Why do more sales in not equal more profit
A: An expansion in deals/sales doesn't generally prompt an increment in benefit. Most organizations…
Q: Are golf balls really differentiated products? Explain why or why they are not?
A: Golf balls are a common example of a monopolistic competitive market. It is known that any specific…
Q: Directions: Complete the table below by supplying it with products that you consider similar. Write…
A: A substitute good or service that can be used in the place of another good. It is a good that is…
Q: ilustrate and example of economic profit with numbers
A: Economic profit is the profit one gets after taking into account the implicit and explicit costs,…
Q: How does the goal of the firm influence the sales maximization and profit maximization decision.
A: # Firm has priorities based on whether to maximize profits or maximise it's sales.
Q: Select the correct one : Do both state and federal law protect aganist trademark dilution? A)…
A: Trademark dilution refers to the situation when a firm with trademark license ha sthe right to share…
Q: Aji owns a rental space in New York and is thinking of opening a restaurant in that space. An…
A: Introduction: The accounting profit can be calculated by subtracting the explicit cost from the…
Q: What products will your product compete against? Are there any similar products out there? Name and…
A: Since you have posted a question with multiple sub parts, we will solve first three sub parts for…
Q: hoenix Dubai is a small shop that has been operating in the United Arab Emirates for several years.…
A: The generation of money from normal operations of the business is known as revenue. It is being…
Q: The profit maximizing combination of two products is found where?
A: A Production Possibility Curve (PPC) is a graph that shows all the possible combinations of two…
Q: Draw a graph to show the breakeven point, shutdown point and supply curve.
A: Answer: Break-even point: break-even point is the point where the total revenue is equal to the…
Q: Using the graph below, calculate the firm's profits at the profit maximizing output Price 408 384…
A: A profit-maximizing firm produces at the intersection point of MR and MC. i.e., MR = MC is…
Q: Car brands are a part of ___________ type of market structure
A: In total we have 4 broad categories of market structure which are namely perfectly competitive…
Q: Marke is 22 years old, and has just been offered a job as manager of a clothing store in a nearby…
A: Mark' s behaviour related to the attitude of business is to earn money and makr profit . Then every…
Q: How do you calculate a firm's total cost and total revenue?
A: Total cost (TC) refers to the cost of all inputs needed to produce with the given unit of output. It…
Q: Given a description of a company's marketing mix, classify the elements of the marketing mix and the…
A: Marketing relates to practices that a corporation undergoes to facilitate the acquisition or…
Q: Describe the major retailer marketing decisions?
A: Retailer Marketing Decision: The decision of the retailer changes in the environment of the market,…
Q: Outline the economic factors that affect marketing decisions and consumer buying power.
A: There are many economic factors that affect the marketing decisions of a firm such as unemployment…
Q: Thinking Through Marketing Strategy Pretend that you are the Chief Marketing Officer at Alibaba.…
A: 1.Target Market Alibaba can target two commercial centers in America which incorporate the worldwide…
Q: People usually interchange "brand" and "product" in their daily conversation. As a marketing…
A: A product is created by a corporation and can be purchased by a consumer in return for money, but…
Q: Profit maximization of the firm happens when marginal cost > marginal revenue True / False
A: Profits are the excess of revenue receipts over the costs incurred through the production of goods…
Q: Just 1 capsule of brand X can provide 24 hours of acid control ( Actual brand will not be named)…
A: A problem statement is a short description about the current issue or a condition that needs…
Step by step
Solved in 2 steps
- Solve all , otherwise I will give definitely negative ratingYou are a developer that has just finished writing a new game and would like to publish it with this platform’s store. You do not expect to incur in any more costs developing the product. The app store typically keeps 20% of your revenue but, in order to give an incentive to sellers, the app store will only charge 15% of revenue to successful apps selling more than 60,000 units a year, and 10% to top-selling apps with more than 85,000 units sold. Assume that there are no extra (in-game) charges beyond the price to acquire the game. Using the data in the table below, at what price should you sell your game at? (Don't forget to take into account elasticity) Quantity Price Total Revenue To Store Revenue Elasticity 96261.14 $ 0.99 $ 95,298.53 10% $ 85,768.67 -0.11 85920.32 $ 1.99 $ 170,981.43 10% $ 153,883.29 -0.24 75579.50 $ 2.99 $ 225,982.70 15% $ 192,085.29 -0.41 65238.68 $ 3.99 $ 260,302.33 15% $…COVID-19 has caused several shortages: paper products, hand sanitizer, and even nurses. When a hospital needs nurses, they might call Fastaff, which has been sending its nurses all around the country. Once a nurse gets an assignment, they pack their bags and need to be there within a week. During a pandemic, these assignments come with some risk, but these nurses are well compensated for their time. “They really run into the fire,” explained Fastaff Senior VP of Marketing Lauren Pasquale-Bartlett. “They’re very brave, they’re like the special forces of nursing. They go in for these really critical assignments.” The need for traveling nurses across the country has increased drastically because of the coronavirus pandemic. One of the state’s needing nurses is Ohio, according to Pasquale-Bartlett. “Particularly in the last few weeks we’ve seen a two to three increase in demand in requests for nurses to come in and support the staff,” she said. “That really indicates to us that it’s an…
- COVID-19 has caused several shortages: paper products, hand sanitizer, and even nurses. When a hospital needs nurses, they might call Fastaff, which has been sending its nurses all around the country. Once a nurse gets an assignment, they pack their bags and need to be there within a week. During a pandemic, these assignments come with some risk, but these nurses are well compensated for their time. “They really run into the fire,” explained Fastaff Senior VP of Marketing Lauren Pasquale-Bartlett. “They’re very brave, they’re like the special forces of nursing. They go in for these really critical assignments.” The need for traveling nurses across the country has increased drastically because of the coronavirus pandemic. One of the state’s needing nurses is Ohio, according to Pasquale-Bartlett. “Particularly in the last few weeks we’ve seen a two to three increase in demand in requests for nurses to come in and support the staff,” she said. “That really indicates to us that it’s an…COVID-19 has caused several shortages: paper products, hand sanitizer, and even nurses. When a hospital needs nurses, they might call Fastaff, which has been sending its nurses all around the country. Once a nurse gets an assignment, they pack their bags and need to be there within a week. During a pandemic, these assignments come with some risk, but these nurses are well compensated for their time. “They really run into the fire,” explained Fastaff Senior VP of Marketing Lauren Pasquale-Bartlett. “They’re very brave, they’re like the special forces of nursing. They go in for these really critical assignments.” The need for traveling nurses across the country has increased drastically because of the coronavirus pandemic. One of the state’s needing nurses is Ohio, according to Pasquale-Bartlett. “Particularly in the last few weeks we’ve seen a two to three increase in demand in requests for nurses to come in and support the staff,” she said. “That really indicates to us that it’s an…COVID-19 has caused several shortages: paper products, hand sanitizer, and even nurses. When a hospital needs nurses, they might call Fastaff, which has been sending its nurses all around the country. Once a nurse gets an assignment, they pack their bags and need to be there within a week. During a pandemic, these assignments come with some risk, but these nurses are well compensated for their time. “They really run into the fire,” explained Fastaff Senior VP of Marketing Lauren Pasquale-Bartlett. “They’re very brave, they’re like the special forces of nursing. They go in for these really critical assignments.” The need for traveling nurses across the country has increased drastically because of the coronavirus pandemic. One of the state’s needing nurses is Ohio, according to Pasquale-Bartlett. “Particularly in the last few weeks we’ve seen a two to three increase in demand in requests for nurses to come in and support the staff,” she said. “That really indicates to us that it’s an…
- correctly explains all the subpartsThere is no missing info in the quesitonThe Kalamazoo Brewing Company (KBC) currently sells its microbrews in a seven-state area: Illinois, Indiana,Michigan, Minnesota, Mississippi, Ohio, and Wisconsin. The company’s data analytics department has collecteddata from its distributors in each state. This data consists of the quantity of cases and price (per case) ofmicrobrews sold in each state, as well as the average income (in thousands of dollars) of consumers living invarious regions of each state. The data for each state are available in the Excel file on Brightspace--please notethere are multiple tabs at the bottom of the spreadsheet, each refers to one of the seven states selling theKalamazoo Brewing Company’s microbrews. You will use the data to estimate the linear demand function fortheir microbrews in Indiana. To do this, perform the regression analysis in Excel for the data provided forIndiana.a. Write out the estimated linear demand function for microbrews in Indiana as a function of the price percase (P) and…
- Aa4. Phoenix Dubai is a small shop that has been operating in the United Arab Emirates for several years. The owner, Mrs. Cornelia Alphonce has decided that it is time for her to decrease the prices of all the goods in the shop in order to maximize revenue. What information should the owner base on this decision?Creative Homework!Shorr Project Assume that you area marketing consultant for one of the clients in ilem14.16. You believe that the business would benefitfrom nontraditional marketing. Develop seve<al ideasfor social-media tactics that you feel would be successful for the clientAnswer ASAP. Will give a positive rating for correct answer.
