Question

2. The number of subscribers to an internet streaming services is linearly related to the price....

2. The number of subscribers to an internet streaming services is linearly related to the price. If the price is $10, there will be 4 million subscribers, but if the price is raised to $15 there will only be 3 million subscribers. Suppose the current price is $10, and the price is rising at $0.50 per month. Find the rate at which the revenue is changing at this time.

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
The number of subscribers to an internet streaming services is linearly related to the price. If...
The number of subscribers to an internet streaming services is linearly related to the price. If the price is $10, there will be 4 million subscribers, but if the price is raised to $15 there will only be 3 million subscribers. Suppose the current price is $10, and the price is rising at $0.50 per month. Find the rate at which the revenue is changing at this time.
The number of subscribers in a small community to a cable TV provider company is linearly...
The number of subscribers in a small community to a cable TV provider company is linearly related to the price. If the rental price is $30, there will be 5 thousand subscribers, but if the price is raised to $35 there will be a decrease of 1 thousand subscribers. Suppose the current price is $30, and the price is rising at $1.00 per month. Find the rate at which the revenue is changing at this time.
ASSIGNMENT Customer Lifetime Value STEP 1: CONSIDER RELEVANT NUMBERS Netflix obtains paying subscribers through unique deals...
ASSIGNMENT Customer Lifetime Value STEP 1: CONSIDER RELEVANT NUMBERS Netflix obtains paying subscribers through unique deals like bundles and discount. Here are numbers to use in order to calculate metrics for this assignment: ● Customers pay $12.99/month for a subscription ● The average subscription length is 25 months. Customer lifetime revenue = ($12.99 X 25 = $324.75) ● Cost to acquire and maintain each subscriber = $99 ● Annual Retention rate = 60 percent ● Annual Discount rate = 10...
Suppose a product's revenue function is given by R(q)=−7q^2+200q, where R(q) is in dollars and q...
Suppose a product's revenue function is given by R(q)=−7q^2+200q, where R(q) is in dollars and q is the number of units sold. Use the marginal revenue function to find the approximate revenue generated by selling the 39th unit. Marginal revenue= ? dollars per unit A company selling widgets has found that the number of items sold, x, depends upon the price, p at which they're sold, according the equation x=40000√5p+1 Due to inflation and increasing health benefit costs, the company...
SurveyMonkey is an online survey company that allows its subscribers to customize and administer surveys. It...
SurveyMonkey is an online survey company that allows its subscribers to customize and administer surveys. It recently made the news for raising another $250 million in equity funding (“SurveyMonkey is worth $2 billion after new $250 million fundraising round, Fortune, December 15, 2014.) (Note: SurveyMonkey is privately held. The founder says the company will not go public because the related costs of being a publicly-held organization are too high.) SurveyMonkey’s basic services are free and include the ability to customize...
Suppose that you opened a pizzeria. From your experience, you know that if you charge $15...
Suppose that you opened a pizzeria. From your experience, you know that if you charge $15 per pizza you will sell 50 pizzas in a day and, if you charge $10 per pizza, you sell 75 pizzas. Furthermore, each pizza costs you $5 to make. Do the following analysis on your sales. 1. Assuming price and demand are related linearly, determine the price demand equation relating price to the number of pizzas sold. 2. Use this to determine revenue (total...
Suppose that at June 15, 2018, as a staff financial analyst with Consulting Advisory Services (CAS)...
Suppose that at June 15, 2018, as a staff financial analyst with Consulting Advisory Services (CAS) you determine the following metrics for the upcoming 12-month period for Silva Corporation, Inc. (SCI): After-tax operating income (aka, NOPAT) is forecast to be $400 million. SCI’s depreciation expense is forecast at $140 million. SCI’s capital expenditures (aka, CAPEX) is forecast to be $225 million. No change is expected in SCI’s net operating working capital. SCI’s free cash flow is forecast to grow at...
QUESTION 1 CC Car Wash specializes in car cleaning services. The services offered by the company,...
QUESTION 1 CC Car Wash specializes in car cleaning services. The services offered by the company, the exact service time, and the resources needed for each of them are described in the table following: Service Description Processing Time Resource A. Wash Exterior car washing and drying 10 minutes 1 automated washing machine B. Wax Exterior car waxing 15 minutes 1 automated waxing machine C. Wheel Cleaning Detailed cleaning of all wheels 16 minutes 1 employee D. Interior Cleaning Detailed cleaning...
QUESTION 1 CC Car Wash specializes in car cleaning services. The services offered by the company,...
QUESTION 1 CC Car Wash specializes in car cleaning services. The services offered by the company, the exact service time, and the resources needed for each of them are described in the table following: Service Description Processing Time Resource A. Wash Exterior car washing and drying 10 minutes 1 automated washing machine B. Wax Exterior car waxing 15 minutes 1 automated waxing machine C. Wheel Cleaning Detailed cleaning of all wheels 16 minutes 1 employee D. Interior Cleaning Detailed cleaning...
Jolly Cleaners offers residential and commercial cleaning services. Clients pay a fixed monthly fee for the...
Jolly Cleaners offers residential and commercial cleaning services. Clients pay a fixed monthly fee for the service, but can cancel the service at the end of any month. In addition to the employees who do the actual cleaning, the firm includes two managers who handle the administrative tasks (human resources, accounting, and so on) and one dispatcher, who assigns the cleaning employees to jobs on a daily basis. On average, residential clients pay $240 per month for cleaning services and...