What would result in even higher profits

Assignment Help Econometrics
Reference no: EM13190147

a pricing analyst for QuantCrunch Corporation, a company that recently spent $10,000 to develop a stastical software package. To date, you only have one client. A recent international study revealed that this client's demand for your software is Qd=-P and $900 for the first 10 units and $700 for each additional unit of software purchased. Construct this report, including in it a recommendation that would result in even higher profits.

Reference no: EM13190147

Questions Cloud

Support personal-workgroup and enterprise computing : A 2- to 3-page paper describing the hardware and software used to support personal, workgroup, and enterprise computing within your current organization, an organization with which you are familiar, or an organization that you can interview to gather..
How discover that standing forest land decreases carbon : explain how the discovery that standing forest land decreases atmospheric carbon levels affects the welfare generated by the logging industry. For the sake of argument assume that lowering carbon levels is desireable.
What mass of oxygen of potassium chlorate by the reaction : What mass of oxygen can be prepared by the decomposition of 25.4g of potassium chlorate by the reaction?
Measuring framework and types of digitizers : A brick-on-edge course of bricks may be required____. Bank measures amounts to tak into account___. Which of the following statements about measuring framework is false? What are the two main types of digitizers?
What would result in even higher profits : a pricing analyst for QuantCrunch Corporation, a company that recently spent $10,000 to develop a stastical software package. To date, you only have one client. A recent international study revealed that this client's demand for your software is Q..
Define sodium hydroxide or sodium bicarbonat : What would the name of the species in the aqueous layer be when the mixture mentioned above is extracted with either sodium hydroxide or sodium bicarbonate?
What price should you charge for a midsized automobile : the owner of a local Honda dealership. unlike other dealerships in the area, you take pride in your no haggle sales polict. Last year, your dealership earned record profits of $1.5 million. However, according to the local Chamber of Commerce, your..
Depict a quantitative predominance : Draw a quantitative predominance (pH-pC) diagram for the system of 10^-4 M benzoic acid.
Based on the work of march and simon''s administrative model : Based on the work of March & Simon's Administrative Model, the first step in the managerial decision-making process is to:

Reviews

Write a Review

Econometrics Questions & Answers

  Find percentage change in real income with index numbers

Assume that nominal income is $35,000 and the price index is 1.20 in year 1. In year 2, nominal income rises to $38,000 and the price index rises to 1.25. What was the percentage change in real income from year 1 to year 2? Make your calculations ..

  Calculate the ratio of steady-state levels income per capita

Suppose that there are two countries, X and Y, that differ in both their rates of investment and their population growth rates. In country X, investment is 20% of GDP, and the population grows at 0% per year. In country Y, investment is 5% of GDP,..

  Explain the keynesian theory

Suppose the economy is in a short-run equilibrium where Y

  What is the socially optimal number of movie projections

The total number of movie projections, M, is the sum of the number paid for by each of the two persons: M = MS + ML. Spielberg and Lucas both have income of 70, and the price of both the private good and a movie projection is 1. They are limited, ..

  How many months can he make these withdrawals

Daniel deposits $20,000 into an account earning interest at 6 percent per year compounded quarterly. He wishes to withdraw $400 at the end of each month. For how many months can he make these withdrawals

  Effects of an efficient economy

When a recession is over, do people start to immediately feel affects of an efficient economy? Use the experience of most recent recession to justify your answer.

  What was the percentage of gross fiscal deficit in 2010

The Economic Survey estimated the Forex reserves of India at over 297 billion US dollars. The surge in Forex is attributed to growth in which of the following sector Gross Fiscal Deficit stands at 4.8% of GDP. What was the percentage of Gross Fisc..

  Determine what is optimal bundle

wedding plan with cake (c) and champagne (h) - price per glass and slice u(h,c) = h^(1/3)c a) solve foc's to derive the demand functions h(P(subscript h), P(subscript c), M) and c(P(subscript h), P(subscript c), M)

  What is the maximum profit

(Y) Dollars per unit 3.00, 4.50, 5.00, 6.00, 8.00 (X) Units per Period 5,000 - 8,000, - WHAT IS THE MONOPOLIST'S PROFIT-MAXIMIZING OUTPUT - At the profit-maximizing output rate, what are the monopolist's average total cost and axerage revenue

  Find the optimal soulution using the graphical soulution

.determine the amount of slack or surplus for each constraint (dont worry about this problem it has been emitted from the homework but if you can help me to understand this I would greatly apprecaite it) suppose the objective function is changed to..

  What is the value of net exports

Assume that gross private domestic investment is $800 billion and the government (state, local, and federal combined) is currently running a $400 billion deficit. If households and businesses are saving $1,000 billion, what is the value of net exp..

  What is the optimal price of the textbook

What is the optimal price of the textbook from the author's point of view and by how much would the demand for the textbook change if advertising were increased by 2%?

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