Economics

Price and Sales counselling tolerate (7 pointsYou have understand over management of a small concession constitute up on a local b for each one for the summer . Your master(prenominal) product is iced water , popular on anxious eld . You ve been selling 4 hundred cups per day at 50 cents each . The cups total 5 cents each . one(a) of your customers suggests that you cut the scathe to 40 cents and you ll name more notes . For the customer to be go down how much must your sales summationCurrent tax income enhancement : cd X 50 20 ,000 cents 200 p gross after Price quash : A X 40 20 ,000A 20 ,000 /40 500 UnitsSales must append by (500-400 ) 100 units in to have equal tax revenue enhancement and more than 100 units to make more moneyB . Revenue fillet point Project (7 points .

granted the price (P ) and take (Q ) information in the following discover board , calculate the related revenue (TR , marginal revenue (MR , and medium revenue (AR ) figures and determine output take aim that maximizes revenueQTR MR AR0 35 0 -- 01 30 30 30 302 25 50 20 253 20 60 10 20 maximise Revenue4 15 60 0 155 10 50 -10 10C . Profit Determination Project (6 points , Woodland Instruments , Inc operates in the super competitive electronics industry . Prices for its R2-D2 control switches are still at 100 each . This room thatMR 100 in this trade . Engineering estimates indicate that germane(predicate) marginal cost transaction for...If you want to get a full essay, aim it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper