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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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Explanation: because that makes most sense

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Answer:

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3 0
2 years ago
The sensitivity of bank profits to changes in interest rates can be measured more directly using ▼ duration analysis credit rati
Pavel [41]

Answer:

The correct answer is Gap Analysis.

Explanation:

The deficiency analysis is a strategic planning tool that will help you understand where you are, where you want to go and how to get there.

One of the first steps for the transition or implementation of your management system is to check your management system with respect to the requirements of the standard. This is what is commonly known as deficiency analysis, also known as pre-audit.

The deficiency analysis is carried out at the beginning of the certification process to verify compliance with the requirements of the standards to be implemented. Each standard has specific requirements that must be met and are detailed in several clauses. If your system does not meet these requirements, you must solve this problem in order to get certified.

8 0
2 years ago
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At an activity level of 8700 machine-hours in a month, Falks Corporation's total variable production engineering cost is $728,19
Jobisdone [24]

Answer:

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Explanation:

For we to be able to calculate the or solve the problem, we are to use the following method

Firstly

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Secondly

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Fixed cost per unit = $26.10 per unit

Lastly

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Which we have as;

Total cost = $83.70 per unit + $26.10 per unit

Total cost = $109.80 per unit

5 0
2 years ago
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Pani-rosa [81]

Answer:

differentiated by quality/design

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