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Tems11 [23]
2 years ago
12

Scenario 15-8 Mega Media Cable TV is able to purchase an exclusive right to sell a premium sports channel in its market area. Le

t's assume that Mega Media pays $100,000 a year for the exclusive marketing rights to the sports channel. Since Mega Media has already installed cable to all of the homes in its market area, the marginal cost of delivering the sports channel to subscribers is zero. The manager of Mega Media needs to know what price to charge for the sports channel service to maximize her profit. Before setting price, she hires an economist to estimate demand for the sports channel. The economist discovers that there are two types of subscribers who value premium sporting channels. First are the 3,000 die-hard sports fans who will pay as much as $150 a year for the new channel. Second, the premium sports channel will appeal to 20,000 occasional sports viewers who will pay as much as $25 a year for a subscription to it. Refer to Scenario 15-8. How much profit will Mega Media Cable TV earn if it sets the price at $25
Business
1 answer:
iren [92.7K]2 years ago
8 0

Answer:

Net profit= 475000

Explanation:

Giving the following information:

Scenario 15-8 Mega Media Cable TV can purchase an exclusive right to sell a premium sports channel in its market area.

Fix cost= $100,000

Price= $25

Occasional sports viewers= 20000

Hardcore sport viewers= 3000

Revenues= 23000*25= $575000

Fix cost= (100000)

Net profit= 475000

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forsale [732]

Answer:

proxy server

Explanation:

A proxy server is an application on a server that manages the requests when a a client tries to get the resources from the server and when someone is trying to get into a website the proxy server makes the request, provides the response from the web server and sends the data so it can be visualized and in this process, it can block the access to certain websites. According to that, the answer is that you have to set up a proxy server to help with this request as it will allow you to block the websites.

8 0
1 year ago
A production facility is trying to determine the best batch size for an item that is produced intermittently. This item has an a
Alinara [238K]

Answer:

The best batch size for this item is 400 units.

Explanation:

As given Annual demand (D)=1000 units, Carrying cost (H)=$10 per unit, set up cost (S)=$400.

As per the production order model formula will be:

\sqrt{2}D*S/H[1-d/p]} .

d for week=1000/50

                 =20. p per day

                 =40 units/7 days.

                 =5.71

d per day = 20/7

                =2.85

Therefore on applying all these:\sqrt{}2*1000*400/10[1-2.85/5.7.

on solving this we will get 400 Units

Therefore, The best batch size for this item is 400 units.

7 0
2 years ago
Lancelot Manufacturing is a small textile manufacturer using machinehours as the single indirectcost rate to allocate manufactur
zhenek [66]

Answer:

$3,927

Explanation:

For the computation of bid price first we need to follow some steps which is shown below:-

Manufacturing overhead rate = Overhead cost ÷ Machine hours

= 45,000 ÷ 100,000

= $0.45

Total manufacturing cost charged to the school

= 2,000 + 400 + (900 × 0.45)

= $2,805

Markup cost = $2,805 × 0.4

= $1,122

Bid price of job = Total manufacturing cost charged to school + Markup cost

= $2,805 + $1,122

= $3,927

7 0
2 years ago
If you buy your tickets early for a live theater production in Rome, you'll pay about 30 percent less, than if you buy them on t
kow [346]

Answer: Price differentiation

Explanation:

The startegy used by the theater company to shift demand for theater tickets is differentiating on the price. Price differentiation is a pricing strategy whereby difeent sets of customers are charged different prices for the same good or services.

The theater company gives 30% discount for people who buy the tickets early compared to people who buy the ticket on the day of the performance. This so differentiation on price.

6 0
2 years ago
Read 2 more answers
Systems that enable a firm to generate demand forecasts for a product and to develop sourcing and manufacturing plans for that p
zheka24 [161]

These are known as supply chain planning systems, because they help organize and make sense of the various steps in the supply chain.

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2 years ago
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