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creativ13 [48]
2 years ago
15

The estimated monthly sales of mona lisa paint-by-number sets is given by the formula q = 97e−3p2 + p, where q is the demand in

monthly sales and p is the retail price in hundreds of yen. (a) determine the price elasticity of demand e when the retail price is set at ¥400. e = interpret your answer. the demand is going by % per 1% increase in price at that price level. thus, a large price is advised. (b) at what price will revenue be a maximum? hundred yen (c) approximately how many paint-by-number sets will be sold per month at the price in part (b)? (round your answer to the nearest integer.) 17 paint-by-number sets per month
Business
1 answer:
erik [133]2 years ago
7 0
<span>Answer: A. E=(dq/dp)*(p/q) = (99e*p -6p^2 +p) / (99eâ’3p2 + p) = (198e -22) /( 99e -10) B. max: pq=99ep -3p^3 + p^2 . FOC: dqp/dp = 99e -9p^2 + 2p = 0. now solve this quad for p... C. plug the answer for p that solves 99e -9p^2 + 2p = 0 into q = 99eâ’3p2 + p.</span>
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Main Street Antiques is planning on paying an annual dividend of $2.20 per share next year. The company is slowly downsizing and
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Answer:

The current value of this stock should be $20.

Explanation:

The current value of this stock should be calculated by applying the formula to find present value of growth perpetuity. The formula is shown as below:

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in which: D1 = next year dividend = 2.20;

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So, the answer is: the current value of this stock should be $20.

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2 years ago
Maria is a spare parts manager with Torque Engines Industries. She collects the sales data for different engine parts and integr
algol13

Answer:

B

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This style of learning entails gathering of related evidences from different sources in order to get a bigger picture of a particular situation, as he believes he will get an in depth analysis of situation through that.

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Gloria, the controller of luna pizza, is purchasing several new delivery vehicles. gloria has numerous work responsibilities, so
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Answer: (E) Satisficing

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According to the given question, Gloria is using the satisficing model for the purpose of providing the satisfaction by choosing the best alternative.  

 Therefore, satisficing is the correct answer.

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2 years ago
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