subject
Business, 20.11.2019 23:31 karrathomas

Isabel runs a music day camp in the summer in which she offers music lessons for children for a variety of instruments. each class that she offers lasts exactly one week and her customers are allowed to choose the total number of hours of instruction to be given in that week. all of her customers have the same demand for her curve for her lessons given by q = 30-p where p is the hourly rate for lessons and q is the number of hours demanded in that week. ingrid's cost of giving one lesson is $16 (this is her marginal and average cost). she has hired you to give her advice about how to charge for her services. what pricing scheme would you recommend and why? if she uses your pricing scheme, how much profit per student will she earn from each class?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 04:00
Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. however, the company is also employing a segmentation strategy to separate customers within that focus. the strategy offers items at an entry-level price point for customers who desire to be like celebrities such as sarah jessica parker as well as couture items for those richest and celebrity customers. what strategy is burberry pursuing?
Answers: 3
question
Business, 22.06.2019 18:00
Match the different financial task to their corresponding financial life cycle phases
Answers: 3
question
Business, 22.06.2019 19:10
Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.
Answers: 1
question
Business, 22.06.2019 23:30
Lucido products markets two computer games: claimjumper and makeover. a contribution format income statement for a recent month for the two games appears below: claimjumper makeover total sales $ 30,000 $ 70,000 $ 100,000 variable expenses 20,000 50,000 70,000 contribution margin $ 10,000 $ 20,000 30,000 fixed expenses 24,000 net operating income $ 6,000 required: 1. compute the overall contribution margin (cm) ratio for the company.. 2. compute the overall break-even point for the company in dollar sales. 3. complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (do not round intermediate calculations.)
Answers: 1
You know the right answer?
Isabel runs a music day camp in the summer in which she offers music lessons for children for a vari...
Questions
question
Geography, 26.05.2021 04:10
question
Mathematics, 26.05.2021 04:10