Question

​You've decided to sell sweatshirts for the upcoming game. You project that at a price of...

​You've decided to sell sweatshirts for the upcoming game. You project that at a price of

​$30.42

per​ sweatshirt, you will be able to sell

170

shirts. In order to sell

260

​sweatshirts, you would need to lower the price to

​$23.76

per sweatshirt. In order to produce the​ sweatshirts, it costs you

​$2.31

per sweatshirt on top of fixed costs of

​$380.

Find the revenue if the marginal profit is​ $0 per item.

Assume linear demand.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
You've decided to sell sweatshirts for the upcoming game. You project that at a price of...
You've decided to sell sweatshirts for the upcoming game. You project that at a price of ​$36.48 per​ sweatshirt, you will be able to sell 120 shirts. In order to sell 290 ​sweatshirts, you would need to lower the price to ​$24.41 per sweatshirt. In order to produce the​ sweatshirts, it costs you ​$2.15 per sweatshirt on top of fixed costs of ​$380. What price should you charge in order to earn maximize your​ profit? Assume linear demand.
You've decided to sell sweatshirts for the upcoming game. You project that at a price of...
You've decided to sell sweatshirts for the upcoming game. You project that at a price of ​$35.80 per​ sweatshirt, you will be able to sell 100 shirts. In order to sell 340 sweatshirts, you would need to lower the price to ​$18.52 per sweatshirt. In order to produce the​ sweatshirts, it costs you ​$2.27 per sweatshirt on top of fixed costs of ​$350. What price should you charge in order to earn a profit of ​$1900​? Assume linear demand.
​You've decided to sell sweatshirts for the upcoming game. You project that at a price of...
​You've decided to sell sweatshirts for the upcoming game. You project that at a price of ​$27.13 per​ sweatshirt, you will be able to sell 190 shirts. In order to sell 310 ​sweatshirts, you would need to lower the price to ​$18.37 per sweatshirt. In order to produce the​ sweatshirts, it costs you ​$2.59 per sweatshirt on top of fixed costs of ​$390. What price should you charge in order to earn maximize your​ profit? Assume linear demand.
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT