subject
Business, 29.06.2021 18:40 Allyf23

The Hayward Cool Robots marketing managers estimate that the demand curve for the company’s robots in 2018 is Q = 4,000 - 2 P
where P is the price of a robot and Q is the number sold per month.
a. If the firm wants to maximize its dollar sales volume, what price should it charge?
b. Derive the marginal revenue curve for the fi rm.
c. At what prices is the demand for the fi rm’s product price elastic?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:00
True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false
Answers: 2
question
Business, 22.06.2019 03:30
Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.
Answers: 2
question
Business, 22.06.2019 06:30
"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n.v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):
Answers: 1
question
Business, 22.06.2019 11:00
The following information is available for ellen's fashions, inc. for the current month. book balance end of month $ 7 comma 000 outstanding checks 700 deposits in transit 4 comma 500 service charges 120 interest revenue 45 what is the adjusted book balance on the bank reconciliation?
Answers: 2
You know the right answer?
The Hayward Cool Robots marketing managers estimate that the demand curve for the company’s robots i...
Questions
question
Mathematics, 15.10.2021 14:00
question
Geography, 15.10.2021 14:00