Maximize revenue from sales of the highlander

Assignment Help Business Economics

Reference no: EM131107409

You are a division manager of Toyota. If your marketing department estimates the demand for the Highlander is Q = 150,000 - 15P, what price should your charge in order to maximize revenue from sales of the Highlander?

Reference no: EM131107409

Questions Cloud

Offshoring can reduce production costs : There are limits to the number of jobs that can move from developed countries to the Philippines, India and China. What determines those limits? Offshoring can reduce production costs and increase economic efficiency. What impacts might offshoring ha..

Grounded in particular political values with political norms : Each of the readings and videos for this part of the class had an actual point of view. They were grounded in particular political values with political norms, assumptions and goals, some of which are explicit and some of which are not stated. In oth..

Explain how feds affect monetary policy : Explain how Feds affect monetary policy, including how they influence interest rates and securities prices and provides examples. Identify important factors of Fed monetary policy, describing tools they use in a descriptive and concise writing style.

Differences between returns to labor and capital : Suppose there are two countries in the world, Canmerica and Chinam, that initially have no economic interaction. The wage rate in Canmerica is $20 per hour and the annual rate of return on capital investment is 10%. If workers have equal skills in bo..

Maximize revenue from sales of the highlander : You are a division manager of Toyota. If your marketing department estimates the demand for the Highlander is Q = 150,000 - 15P, what price should your charge in order to maximize revenue from sales of the Highlander?

Calculate the performance measures of the systems : Arnold's mechanic, Reid Blank, is able to install new mufflers at an average rate of 3 per hour, or about 1 every 20 minutes. Customers needing this service arrive at the shop on the average of 2 per hour. Larry Arnold, the shop owner, feels that all..

Describe the pros and cons of greenfield ventures : Describe the advantages and disadvantages of acquisitions as a means of establishing a wholly owned subsidiary. Describe the pros and cons of Greenfield Ventures.

What about if the persistent rate of growth : According to the rule of 72, if a nation’s per capita real income persistently grows at a rate of 3 percent per year, in how many years will its level of per capita real income double? What about if the persistent rate of growth is 4 percent?

What about moral hazard : Do politicians take advantage of asymmetric information when they talk to the public? Are politicians’ examples of adverse selection? What about moral hazard? Discuss:

User Account

All Pages