Price for hybrids will maximize the company profit

Assignment Help Business Management
Reference no: EM131180376

Suppose that it costs the automobile manufacturer $9000 to produce a hybrid and that the demand for hybrids (in thousands) for a price of p thousand dollars is expressed by f(p) = 40 - 3p. What price for hybrids will maximize the company's profit? How would the answer change if f(p) = 500p-2?

Reference no: EM131180376

Questions Cloud

Research the whs policy statement : Research the WHS policy statement and/or standard operating procedure of your chosen business, government body or educational institution. List the key features of the policy in bullet-points and write a summary of the organisation's WHS practice
Internal competencies to achieve competitive advantage : In supply management, one component to explore is how an organization's supply chain helps to achieve a strategic advantage in the marketplace.
Principal and interest components of the balance : The balance, including interest, after 11 months, on a loan at 9.9% interest is $15,379.58. What are the principal and interest components of the balance?
Calculate the ex-ante and ex-post real rate of interest : Calculate the ex-ante and ex-post real rate of interest between June 2008 and June 2009 (note that June 2009 is the last month of the Great recession - the official recovery, began in July of 2009).
Price for hybrids will maximize the company profit : Suppose that it costs the automobile manufacturer $9000 to produce a hybrid and that the demand for hybrids (in thousands) for a price of p thousand dollars is expressed by f(p) = 40 - 3p. What price for hybrids will maximize the company's profit?..
Name the most appropriate plywood veneer grade : (d) plywood to receive a paint Þ nish in an application demanding the highest possible finish quality.
Professional responsibility & legal ethics : Professional Responsibility & Legal Ethics:- You are working as a federal law clerk in the federal court in Phoenix, Arizona. - Write an Essay on given document.
Project manager on a major project : Your manager requested that you take over as the project manager on a major project to refurbish and upgrade an outdated computer lab. The most recent project manager is out on medical leave and in order to take control of the project, you must re..
Parameters of a holographic will : What are the parameters of a holographic will? How does a holographic will differ from a nuncupative will?

Reviews

Write a Review

 

Business Management Questions & Answers

  Leadership via vision is essential for success

Leadership via vision is essential for success. Deliberate in detail research the topic the qualities that a leader should exhibit in order to be considered visionary and further

  Employee involvement benefits and limitations

What are your thoughts on employee involvement? In what types of situations should they be involved? It's obviously unreasonable, and sometimes inappropriate, for them to be involved in all decision making. Where should managers draw the line?

  What is patentable about pure drink product

What is patentable about Pure Drink's product? Can the product fulfil the patentability requirements? What is the relevant process for obtaining a registered patent

  How can operational executor skills

How can Operational executor skills bring fresh perspective to the organisation?

  Production cost report if a company pays a pat

According to explanations offered on the Help screens for the Production Cost Report if a company pays a PAT member a $25,000 annual compensation package utilizes no overtime employs 200 PATs

  Select one theory you agree with most

Select one theory you agree with most and Provide the name of the theorist(s) and a basic overview of the theory including all relevant components.

  Explain how can these systems tie performance

Explain How can these systems tie performance that is more consistent with long- range versus short-term issues?

  Develop five additional situational

For the jobs of security guard and valet develop five additional situational, five behavioral, and five job knowledge questions, with descriptive good average poor answers combine your questions into a complete interview that you would give to some..

  Describe how an organization can mitigate one risk

The text describes problems exporters have with letters of credit. Since letters of credit transactions are document-based, the slightest discrepancies between documents can snag a transaction. In 200 to 300 words, describe how an organization ca..

  What you are able to do to create a supportive environment

It is crucial for a manager to know as well as understand the fair employment laws. What you are able to do to create a supportive environment

  Manager ability in utilizing the resources for achieving

A manager's role is very crucial in an organization. The success of organization depends upon manager's ability in utilizing the resources for achieving the pre determined goals. Henry Mintzberg suggested three areas where a manger has to work.

  Analyzing anorganization using nadler-tushmans model

Aspects of how your organization works that you have difficulty understanding? If so, identify the resources you can access to help this analysis.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd