
Marketing
Which of the following statements describes how price relates to profit? A. The lower the price is set, the lower the profit will be. B. The prices a business sets for products and services help in determining the profit of the business. C. A good or
asked by Meghan on September 9, 2014 
Economy (Need help understanding this!
Ben used to sell imported silk ties for $20 each in his store. His sales averaged 30 ties a week. He pays $12 to buy the ties he sells. Ben wondered if he could increase his profit by raising his price to $25. He tried this for a month, but his sales fell
asked by Julia T.F on January 7, 2017 
math
If you buy a pair of shoes on sale for $48. The price is discounted 25% and the sales tax is 7%. Which of the follwoing statements would be true? Answer choices 1. The final price would be lower if you add the 7% sales tax first and take the 25% discount
asked by Carl on December 4, 2017 
Econ
Consider the situation faced by a forprofit educational institution, such as the University of Phoenix. It has done an analysis of its costs of teaching lowerlevel business courses (introductory accounting, business law, and so on) in its Indianapolis
asked by Tiffany on June 3, 2008 
Algebra
An electronics store is deciding how to price one of its products. The equation P = 25d^2 + 500d predicts the total profit P as a function of the product's price in dollars d. What price will produce the highest total profit?
asked by Anonymous on May 22, 2014 
SS
How would supply shift caused by lower costs of production affect price and quantity? a) higher price, lower quantity b) lower price, lower quantity c) lower price, higher quantity *** d) higher price, higher quantity
asked by Anonymous on April 24, 2017 
Economics
you are hired as the consultant to a monopolistically competitive firm. The firm reports the following information about its price, marginal cost, and average total cost. Can the firm possibly be maximizing profit? If the firm is profit maximizing, is the
asked by Sally on December 5, 2006 
math
A meat department manager discovrs that she can sell m(x) killograms of ground beef in a week, where m(x) = 14 700  3040x, if she sells it at x dollars per kilogram. She pays her supplier $3.21/kg for the beef. a) Determine an algebraic expression for
asked by john on December 14, 2015 
Math
Bosley's Pet Foods buys dog kibbl for $19.50 per bag, less 40%. The store's overhead is 33 1/3% of the selling price, and the desired profit is 10% of the selling price. (a) At what price per bag should the dog food be sold? (b) At this price, what is the
asked by Tha on August 10, 2009 
Economics
Suppose a manager is interested in implementing thirddegree price discrimination. The manager knows that the price elasticity of demand for Group 1 is 2 and the price elasticity of demand for Group 2 is 1.2. Based on this information alone we can
asked by Carol on March 20, 2012 
maths
A green grocer sells a melon at a profit if 37% on the price he pays for it. What is the ratio of the cost price to the selling price?
asked by arzam on November 9, 2013 
Microeconomics
The following table indicates the prices various buyers are willing to pay for a Miata sports car: Buyer A Maximum price $50,000 Buyer B Maximum price $40,000 Buyer C Maximum price $30,000 Buyer D Maximum price $20,000 Buyer E Maximum price $10,000 The
asked by Lorie on December 5, 2009 
college/microeconomics
The following table indicates the prices various buyers are willing to pay for a Miata sports car: Buyer A Maximum price $50,000 Buyer B Maximum price $40,000 Buyer C Maximum price $30,000 Buyer D Maximum price $20,000 Buyer E Maximum price $10,000 The
asked by Lorie on December 6, 2009 
Microeconomics help please (urgent)
You go to an auction and set a maximum price of $100 you are willing to bid on an item. However, you are fortunate and purchase it for $50. 1) Does the lower price alter the marginal utility you originally placed on the item? 2) Is your potential total
asked by David on October 15, 2008 
Math
at a boutique, an evening gown is marked at a profit of 40% on the cost price. it is sold in a sale at 20% discount. a. Find the actual profit as a percentage of the cost price. b. if a customer bought it for $448, find i. the marked price ii. the actual
asked by Sayaka on January 31, 2015 
maths
due to competition,a trader allows a discount of 15% on the marked price of his commodity and still makes a profit of 19% on the cost price.had he sold his commodity at the marked price,what would have been his profit percent
asked by peehu on December 26, 2012 
Math
We are currently studying "earning money" for math. I read this sentence: When a store claculates its profit as a percentage of its cost price the profit is always bigger than the profit calculated as a percentage of the selling price. What does it mean
asked by Jason on February 10, 2012 
maths
Given the demand function:p(x)=0.5x+500 where p is price in RM per unit and x is the quantity demanded and the marginal costfunction C'(x) = 0.5480, and the fixed cost =RM 900, find a) the level of production that will maximise profit b) the maximum
asked by Clara on January 4, 2015 
math
A jazz club's profit from booking local bands depends on the ticket price. Using past receipts, the owners find that the profit "p" can be modeled by the function p = 12t2 + 456t + 35, where t represents the ticket price in dollars. What is the maximum
asked by summer on February 10, 2020 
algebra
Henry paid $.80 for each bag of peanuts. He sold all but 20 of them for $1.50 and made a profit of $54. How many bags did he buy? (HINT: Profit = selling pricebuying price.)
asked by Amber on October 18, 2009 
Managerial Economics
Which one is the best answer 1.Agreeing to be part of a pricefixing cartel is: a.unlikely to yield maximum prices or profits for very long time b.difficult to maintain, but almost guaranteed to ensure maximum profit c.illegal in most countries d.a and b
asked by Linda on June 22, 2009 
Economics*Micro
A market has the following demand and supply equations: Qd = 50P + 1000 Qs = 150P  400 Which of the following statements is true? a. If the price were $9, a surplus of 300 units would exist and price would tend to fall. b. If the price were $3, a
asked by SadBob on February 14, 2009 
History
How does division of labor affect the final product? (A) lower price lower quality (B) lower price higher quality (C) higher price lower quality (D) higher price higher quality
asked by Bhadbaby8 on August 21, 2018 
Social Studies
How does division of labor affect the final product? A) Lower price, lower quality B)Lower price, higher quality C)Higher price, Lower quality D)Higher price, Higher quality
asked by Emily Torres on August 14, 2018 
Social Studies
How does division of labor affect the final product? Lower price; Lower quality Lower price; Higher quality Higher price; Lower quality Higher price; Higher quality Is it B or D
asked by FluttershyK on November 1, 2016 
Managerial Economics
Suppose that Neptune Music has the copyright to the latest CD of the heavy Iron Band. The market demand curve for the CD is Q=800100p, where Q represents quantity demanded in thousands and p represents the price in dollars. Production requires a fixed
asked by Jay on May 21, 2013 
Math (Algebra)
Arnau is running a luggage shop. A brandnew item priced at 30% above the cost price did not sell well. So he took 39 dollars off the price, and found that the bags sold very well. If the profit for each bag is now 10% of the cost price, what is the cost
asked by Arnau on May 1, 2013 
manegerial econimics
1 JQ sells ties and currently has sales of 1,200 units a month, producing a revenue of £36,000. It competes with KR, who is now considering a price cut of 25%. The PED for JQ is –1.5 and the CED between the two products is 0.8. a) Calculate the effect
asked by ali on March 1, 2009 
managerial economics
1. JQ sells ties and currently has sales of 1,200 units a month, producing a revenue of £36,000. It competes with KR, who is now considering a price cut of 25%. The PED for JQ is –1.5 and the CED between the two products is 0.8. a) Calculate the effect
asked by ali on March 1, 2009 
Economics
Supply is best defined as the measure of how much producers are willing and able to sell A) above the marketclearing price. B)at any one price in a given period of time. C) at all possible prices. D)according to their resources and profit motives. ( its D
asked by Lili on June 19, 2015 
math
At a boutique,an evening gown is marked at a profit of 40% on the cost price. It is sold in a sale at 20% discount. (a)Find the actual profit as a percentage of the coast price. (b)If a customer bought it for $448, find the actual profit
asked by Anonymous on April 12, 2014 
Math Pre calculus
A community birdwatching society makes and sells simple bird feeders to raise money for its conservation activities. The materials for each feeder cost $5, and the society sells an average of 20 per week at a price of $9 each. The society has been
asked by Darren on November 1, 2011 
Statistics
Choose the right answers, and provide reasons and calculation To study the effect of change in price of a DVD ($) on the total profit (000, dollars), the analyst of an electronic firm randomly selected 13 retail sales stores. She used the data on total
asked by Chris on March 17, 2010 
Math
A computer company gives a discount of 10% off of the marked price on a new piece of software. If it makes a profit of 11% on this sale, what percent does the marked price exceed the cost price?
asked by von on November 8, 2010 
Economics
Which of the following business situation would be banned by the Sherman Anitrust Act? A. A company invents a better product and charges higher price. B. A company lowers the price of a product in order to gain market share. C. A company buys up all
asked by Eve on March 6, 2017 
economics
Q AC MC 1 4 12 2 8 20 3 12 28 4 16 36 5 20 44 6 24 52 7 28 60 8 32 68 9 36 76 suppose that there are 70 firms in operating in the industry. using the MC curve, find out how much output in total is delivered to the market at each price (you only need to
asked by john on November 13, 2011 
economics
You are a team working for an economic consulting firm; your client is “The New Delmonico Steakhouse,” a highend steak place with four restaurants in Manhattan. Your client is considering opening a single restaurant in Chicago (in the Loop), and wants
asked by Tiffany on May 15, 2008 
Accounting
The following information relates to Years 1 and 2 of a company that produces a single product. Actual information for those years is as follows: Year 1 Year 2 Variable production costs per unit Sh.22 Sh.27 Selling price per unit Sh.40 Sh.40 Fixed
asked by James on October 17, 2019 
Econ MC
Externalities cause markets to a. fail to allocate resources efficiently. b. cause price to be different than the equilibrium price. c. benefit producers at the expense of consumers. d. cause markets to operate more equitably. I think the answer is a)?? I
asked by Anonymous on March 9, 2007 
managerial eco
A single price setting monopolist faces the demand : P = 40005Q, TC = 0 + 400Q. For the single pricesetting monopolist, tell me profit maximizing quantity, price,total revenue, total cost, profit and consumer surplus.
asked by cj on April 19, 2011 
math
cost price of article a is 100 more than cost price of article b. article a was sold at 40% profit and article b at 40% loss.if overall profit earned after selling both the articles is 5%,then what is cost price of article b? 1) 300,2) 400 3) 250,4) 350 5)
asked by kiran on August 4, 2017 
Econ MC
Suppose that the equilibrium price in the market for widgets is $5. If a law reduced the maximum legal price for widgets to $4, a. consumer surplus would necessarily increase even if the lower price resulted in a shortage of widgets. b. consumer surplus
asked by Shawn on February 15, 2007 
Math
Assume that the retail price of the product is $85, the cost is $47, and the expenses are $13. Compute a new sale price using the formula for markdowns, assuming a 15 percent discount. This is what I did, but I don't know where to incorporate the $13
asked by Justine on December 7, 2015 
Microeconomics  profit maximisation
Hi, I would really appreciate if someone could help me out on this question! Im not looking to cheat I just want some kind guidance on how to do the question. Ive looked and I honestly don't know! Given the demand function P = 100  .005Q a producer must
asked by needhelpplease on October 15, 2006 
math
A shopkeeper marked the price of an article certain precent above the cost price and he allowed 16% discount to make 5% profit if a costumber paid rs 9492 with 13% VAT to buy the article .by what present is the marked price above the cost price of the
asked by Aryzon on January 13, 2019 
Economics
The demand function for a well known economics textbook is: P = 100  .005Q The publisher must pay $20 per book in printing and distribution costs and, in addition, it must pay the author a $20 royalty for each book sold. (a) Your job is to provide advice
asked by Daniel B on October 12, 2006 
Calculus
I have a project and part of it has to do with revenue, demand and profit. I know that Revenue=price x quantity but can profit equal price x quantity demanded? I have both written down and I am getting confused because I was supposed to find the profit but
asked by Dan on October 14, 2007 
math
Hercules Films is deciding on the price of the video release of its film Bride of the Son of Frankenstein. Marketing estimates that at a price of p dollars, it can sell q = 300,000 − 15,000p copies, but each copy costs $4 to make. What price will give
asked by Bella on June 5, 2014 
business
Hercules Films is deciding on the price of the video release of its film Bride of the Son of Frankenstein. Marketing estimates that at a price of p dollars, it can sell q = 240,000 − 15,000p copies, but each copy costs $4 to make. What price will give
asked by Dominic Cigliano on May 4, 2014 
finite math
Hercules Films is deciding on the price of the video release of its film Bride of the Son of Frankenstein. Marketing estimates that at a price of p dollars, it can sell q = 240,000 − 15,000p copies, but each copy costs $4 to make. What price will give
asked by Dominic Cigliano on May 4, 2014 
Business Calc
Hercules Films is deciding on the price of the video release of its film Bride of the Son of Frankenstein. Marketing estimates that at a price of p dollars, it can sell q = 240,000 − 15,000p copies, but each copy costs $4 to make. What price will give
asked by Angela on May 8, 2011 
Algebra2
The first candle was sold at 10$ and the store sold 2500 of them. Then they decreased to 9.50$ and sold 2800, they decreased more to 9$ and sold 3100. Find a quadratic formula that will model the profit from this based on price change. What selling price
asked by Ashley on February 6, 2018 
Math
The total cost C(q) of producing q goods is given by the following equation. C(q) = 0.01q^3 − 0.6q^2 + 13q a) What is the fixed Cost? b) What is the maximum profit if each item is sold for $9? (Assume you sell everything you produce. Round your answer to
asked by Jenner on December 17, 2015 
math
t shirt company makes polo shirts with expectation that it will earn a profit of 50% by selling each shirt at its marked price.but during delivery to show rooms,17% of shirts were completely solied and hence could not be sold, 18% of shirts were slightly
asked by kiran on August 4, 2017 
Algebra
Use P= 7200+300x2x^2 p= profit x selling price question: Determine the selling price when 90% of the maximum possible profit is earned
asked by Holly on January 6, 2011 
Economis
I have got an economics questions, and i did my personal revision by tying to work the question. here is the question: using demand and supply analysis, explain the influence of the imposition of a maximum price and a minimum price on a product on price
asked by Pallavi on November 19, 2011 
Math
Find the cost price of the following: a)selling price $55, profit 10% c)selling price $680, loss 15$
asked by Idkhowtodomath on October 20, 2019 
Economics
Suppose there are three types of chip consumers in the world with three different inverse demand functions given by Pa=301/2P, Pb=401/2P, and Pc=501/2P. The marginal cost of the monopoly that produces chips is a constant $20. What size packages should
asked by ashley on November 14, 2007 
economic
these questions are about T or F As long as the firm has to pay for an input, it would be wasteful not to use all input services purchased, A profitmaximising competitive firm will never produce in region where average variable cost is declining The reson
asked by sherry on October 13, 2006 
psy
The higher the price of an antique, the greater people’s expectation that the object is rare. That, in turn, makes the antique appear more valuable. If the statements above are correct, then offering an antique for sale at a bargain price (Points : 1)
asked by Cat on September 25, 2010 
MATH HELP PLEASE & THNX!
Hercules Films is deciding on the price of the video release of its film Bride of the Son of Frankenstein. Marketing estimates that at a price of p dollars, it can sell q = 300,000 − 15,000p copies, but each copy costs $4 to make. What price will give
asked by Gabby on June 5, 2014 
math
a computer company can sell 1000 computers if they price them at $500. The number sold will increase by 10 for every 1$ decrease in the price. The company has fixed cost of $100,000, and each computer costs $300 to produce. Find the price that will
asked by chris on November 4, 2010 
inter Algebra
A startup company can sell 1000 computers if they price them at $500. The number sold will increase by 10 for every $1 decrease in the price. The company has fixed costs of $100,000, and each computer costs 4300 To produce. find the price that will
asked by linda on November 14, 2010 
algebra
A company's profit on phone sales is modeled by the function P(x)= x^2+90x+497,975 where x is the price of a phone. To the nearest dollar, what price gives the maximum profit? Show all work. The answer is $752 per phone, but I don't know how.
asked by neal on December 14, 2009 
math
The total cost C(q) of producing q goods is given by the following equation. C(q) = 0.01q^3 − 0.6q^2 + 13q What is the maximum profit if each item is sold for $9? (Assume you sell everything you produce. Round your answer to the nearest cent.) I know the
asked by Jasmine on November 4, 2015 
Advanced Functions
The number of bicycles, n, sold at one store in a week is a function of the price, p, in dollars. So n(p) for p > 80. The storeÃ¢â‚¬â„¢s cost, c, in dollars for each bike is a function of the number of bikes the store sells each week. So c(n)
asked by Sara on March 24, 2017 
Math
A shopkeeper marked the price of an article a certain percent above the cost price and he allowed 16% discount to make 5% profit.If a customer paid Rs 9,492 with 13% VAT to buy the article, by what percent is the marked price above the cost price of the
asked by Aarmita on September 24, 2019 
Algebra 1
A company buys a sweater for $14 and marks it up 90%. It later discounts the sweater 25%. A. Find the original selling price of the sweater. B. How much was the discount? C. Found the sale price after the discount. D. The company's profit on the sweater
asked by Jynessa on February 9, 2014 
Economics
A monopolist is deciding how to allocate output between two markets thata separated geographically. Demands for two market are P1=15Q1 and P2=252Q2. The monopolist's TC is C=5+3(Q1+Q2).What are*price *output *profit *MR Ifa)the monopolis can price
asked by Anonymous on June 19, 2017 
Math/Algebra
At Gwen's garage sale, all books were one price, and all magazines were another price. Harriet bought four books and three magazines for 1.45, and June bought two books and five magazines for 1.25. What was the price of a book and what was the price of a
asked by Bianca on July 24, 2007 
math
fruit seller earns a profit of 25% by selling a basket containing 100 oranges whose cost is rs 300 but he gives 1/5 th of it to his brother at cost price and sells the remaining oranges.inorder to earn same profit, at what price must he sell each orange?
asked by kiran on August 4, 2017 
mathsdiscount help asap
a shop kepper mark a television set for a sale of $36,000 so as to make a profit of 20% on the cost price,but during a specail sale period the television was sold as 5% of the marked price what is the percentage profit show step plz thanks
asked by maths dude on June 5, 2016 
programming
create a program that will do the following: 1. ask the user to enter the names of 5 products 2. the buying and selling price of the 5 products 3. the expense of each type of product(percentage of buying price) task calculate the gross profit and net
asked by njeru on July 10, 2014 
Calculus
The quantity demanded each month of the Walter Serkin recording of Beethoven's Moonlight Sonata, manufactured by Phonola Record Industries, is related to the price/compact disc. The equation p = 0.00048 x + 7\ \ \ \ \(0
asked by Ant on June 17, 2013 
algebra
An electronics company has developed a new handheld device. The company predicts that the startup cost to manufacture the new product will be $125,000, and the cost to make one device will be $6.50. A. If the company plans on selling the devices at a
asked by Mary B. on September 9, 2018 
Statistics
Suppose a person buys 100 shares of stock at in a company at the cost price of $10 per share. He plans to sell at the end of the next month at whatever is the price at that time. The projected price of the stock at the end of next month and the
asked by Steven on November 13, 2013 
statistics Question 2
Suppose a person buys 100 shares of stock at in a company at the cost price of $10 per share. He plans to sell at the end of the next month at whatever is the price at that time. The projected price of the stock at the end of next month and the
asked by Steven on November 13, 2013 
game theory economics
Mitchell Electronics produces a home video game that has become very popular with children. Mitchell’s managers have reason to believe that Wright Televideo Company is considering entering the market with a competing product. Mitchell must decide whether
asked by aaniya gill on October 2, 2011 
math
An article is marked 40% over its cost price. Two successive discounts of 14 2/7% and 10% are allowed on the marked price of the article. Find the profit/loss per cent after selling at discount. 1) 7% Loss 2) 8% loss 3) 8% profit 4) 7% profit.
asked by kiran on August 3, 2017 
maths
if the cost price of an article is 3/2 0f its selling price then the profit or loss percentage?
asked by shehzad on September 2, 2018 
Math
At time zero you enter a short position in a forward contract on 1 share of the stock XYZ at the forward price of 10.00. Moreover, you buy one exotic derivative, with the same maturity as the forward contract, which pays to the holder exactly one share of
asked by Anonymous on December 9, 2019 
Math Finance
At time zero you enter a short position in a forward contract on 1 share of the stock XYZ at the forward price of 10.00. Moreover, you buy one exotic derivative, with the same maturity as the forward contract, which pays to the holder exactly one share of
asked by Anonymous on December 9, 2019 
maths
A dealer allows a discount of 10% on the market price .How much above the cost price must he mark his goods to make a profit of 8%?
asked by renu on November 12, 2014 
math
what is the gross profit percent on a item bought for 3.50 at wholesale price and then sold at 5.00 for retail price
asked by brittney on August 18, 2012 
Economics
3. Suppose a firm has a constant marginal cost of $10. The current price of the product is $25, and at that price, it is estimated that the price elasticity of demand is 3.0. a. Is the charging the optimal price for the product? Demonstrate how you know.
asked by Michelle on September 3, 2012 
Math 11u
A Computer company has been selling 1200 computer games per week at $18 each. Data indicates that for each $1 price increases, there will be a loss of 40 sales per week. It costs $10 to produce each game. Let x represent the number of $1 price increases.
asked by Kerry on July 17, 2010 
math
The initial price of an engine was $450. To increase sales, the price was decreased by 12%. When it was realized that this new price was not profitable, the price was increased by 10%. Determine the final price of the engine. Answer on the back of the
asked by anon on January 7, 2019 
inter Algebra
A start up computer company can sell 1000 computers if they price them at $500. The number sold will increase by 10 for every $1 decrease in the price. The company has fixed costs of $100,000, and each computer costs $300 to produce. Find the price that
asked by linda on November 14, 2010 
math
if the selling price is 4/3 of cost price, find the profit % in the transaction?
asked by Susan on July 15, 2010 
economics
Suppose that in this city, the price of a spaghetti dinner changes from $10 to $15. Which of the following statements correctly describes what happens in the calculator? I. There is a reduction in the number of dinners that people buy. II. There is a
asked by mikku on October 10, 2011 
maths
1. a man sells a tv for rupees 3450and makes a profit of 15% . he sells a second tv set at a loss of 10%.if on the whole he neither gains nor loses , find the cost price of the second tv. 2.a man sells two tables at the same price. on one he makes a profit
asked by cutie !!! help me please on June 27, 2013 
math
The quantity demanded each month of the Walter Serkin recording of Beethoven's Moonlight Sonata, manufactured by Phonola Record Industries, is related to the price/compact disc. The equation p=0.00051x+8 (0¡Üx¡Ü12,000) where p denotes the unit price
asked by Teetee (Please Help) on November 9, 2012 
7th grade math Ms. Sue last two questions thanks
15. In Store A, a book that regularly sells for $24.99 is on sale at 15% off. In Store B, the same book regularly sells for $27.99 and is on sale at 25% off. Which store sells the book for the lower sale price? (1 point) Store A; Store A’s sale price is
asked by Delilah on December 5, 2012 
math
the______ relates to a price to some common unit parallel unit price rate isosceles decimal
asked by Anonymous on April 11, 2010 
economics
2. A company is considering building a bridge across a river. The bridge would cost $2 million to build and nothing to maintain. The following table shows the company¡¯s anticipated demand over the lifetime of the bridge: Price per crossing ($) 8 7 6 5 4
asked by tianbai on November 13, 2007 
econ.
2. A company is considering building a bridge across a river. The bridge would cost $2 million to build and nothing to maintain. The following table shows the company¡¯s anticipated demand over the lifetime of the bridge: Price per crossing ($) 8 7 6 5 4
asked by fred on June 11, 2011 
math
cost price of article A is 200 more than cost price of B.A was sold at 10% loss and B at 25% profit. if overall profit profit earned after selling both article is 4% what is cp of article B?
asked by Anonymous on August 3, 2017 
Microeconomics  Cournot
X is a monopolist of a soda source that costlessly burbles forth as much soda as X cares to bottle. It costs X $2 per gallon to bottle this soda. The inverse demand curve for X’s soda is p(y) = 20 – 0.2y, where p is the price per gallon and y is the
asked by Anonymous on November 24, 2009 
economics
Part III: Calculate the Following Questions by Using the Necessary Steps (4 pts each) 1) A monopolist is deciding how to allocate output between two markets that are separated geographically. Demands for the two markets are P1 = 15 –Q1 and P2 = 25 –
asked by Belete on June 21, 2016 
finance
New York Times Co. (NYT) recently earned a profit of $1.31 per share and has a P/E ratio of 19.25. The dividend has been growing at a 6.50 percent rate over the past six years. If this growth rate continues, what would be the stock price in four years if
asked by deda on November 26, 2016