Assume that muffins are incredibly addictive

Assignment Help Business Economics
Reference no: EM1320169

Q. A muffin stand lets consumers select among a menu of three pricing options:

(a) A monthly subscription fees of $200 also a price every muffin of $4;

(b) A monthly subscription fee of $300 also a price every muffin of $3; or

(c) A monthly subscription fee of $900 also allows for unlimited amount of muffins at no additional cost.

Assume that muffins are incredibly addictive, so consumers have perfectly inelastic demand for them, up to a certain saturation point. In Illustrate what range of muffins every month would that saturation point need to be for a consumer to select pricing option b?


Reference no: EM1320169

Previous Q& A

  Calculate the fresnel diffraction

A dolphin leaps out of the water at the angle of 46° above the horizontal. The horizontal component of the dolphin's velocity is 9.40 m/s. Find out the magnitude of the vertical component of velocity.

  Goods also services also net exports are autonomous

Consider an economy in which taxes, planned investment, government spending on goods also services also net exports are autonomous

  Determining interest rates on credit card

You have a credit card that is charging you 9.9% + the current prime rate. What is that interest rate on the credit card today? If this same card were issued 30 years ago, what would your interest rate be? In the event that there were multiple prim..

  Find the mean and variance of the given data

The mean and variance of the total amount of money that is collected from a car that crosses the bridge are:

  How much work is completed on gas

What is the time constant of a 9.50 thick membrane surrounding a 4.0×10-2 diameter spherical cell? Suppose the resistivity of the cell membrane as and the dielectric constant is approximately 9.00.

  Illustrate what is the gdp of georges

Illustrate what is the GDP of George's also John's island in terms of clamshells?

  Descriptive statistics for problem like minimum-maximum

Aggregate the opinions of the experts by computing the minimum, maximum, 25 th  percentile, 50 th  percentile, and 75 th  percentile values.

  What are the values of the tax-adjusted utilize cost

Illustrate what are the values of the tax-adjusted utilize cost of capital, the desired future capital stock also the desired level of investment

  Find the velocity at time t0

Suppose an initial speed of 21.4 m/s, at an angle of 61.10° with respect to the positive x axis. Find the velocity at time t0; enter x component, after that the y component.

  Calculate the sample proportion

Calculate the sample proportion, µ for the proportion of offspring peas with yellow pods.


Write a Review


Similar Q& A

  Justice department would challenge

Determine whether the Justice Department would challenge a merger between two firms in an industry with 10 equal-sized firms.

  Result of deaths from secondhand smoke

How much output is lost as a result of deaths from secondhand smoke, according to the news.

  What are some criteria which rollerblade

Illustrate what are some criteria which Rollerblade should use to select countries to enter also. Illustrate what three or four countries meet these criteria best also are the most likely consolidates.

  Marginal cost is zero to provide the rides

Assuming that the marginal cost is zero to provide the rides to those in attendance, what is the best pay-per-ride price

  Achieve economic efficiency

What is output that should be produced to achieve economic efficiency and the value to society for correcting the externality.

  Converse at least two arguments support trade restrictions

Identify also converse at least two arguments which support trade restrictions also two Once modest trade restrictions.

  Ountry that has never had its own currency has formed

A country that has never had its own currency has formed a central bank and put you in charge of developing money.

  Participation variable voucher is completely randomized

Suppose that the participation variable, voucher, is completely randomized in the sense that it is independent of both observed and unobserved factors that can affect the test score.

  Conclude that non-residents must have for swimming at pool

The municipal swimming pool charges lower entrance fees to local residents than to non-residents. Conclude that non-residents must have for swimming at the pool than residents.

  Rationale behind the choice of target or acquirer

What is the rationale behind the choice of target or acquirer, if appropriate for your opening bid and your overall bidding strategy.

  Immigration between two countries

The government wants to stimulate the economy. By how much will aggregate demand at current prices shift initially before multiplier effects.

  Importance to use price index adjustments

How do the GDP per capita change after accounting for price indices. Why is it important to use price index adjustments.

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