Question

QUESTION 1 The marketing incision for a dissipated that manufactures Mrola handphones has headstrong the following bring conk out for their p[roducts: Qm = 2550 0.25 Pm 0.82 Pc + 0.04 Y + 0.02A Where: Qm= line number of the sign of the zodiacs Mrola handphones sold monthly. Pm= the price of the steadfasts Mrola handphones Pc = the price of separate related product Y = modal(a) household income A= day-by-day advertising dollars spent. Given Pm = RM cc0, Pc = RM1500, Y = RM5000, and A = RM150000 a) Derive the train writhe Function for Mrola handphones. Qm = 2550 0.25(cc0) 0.82(1500) + 0.04(5000) + 0.02(15000) = 2550 500 1230 + 200 + 300 = 1320. A=2550 0.82(1500) + 0.04(5000) + 0.02(15000) = 2550 1230 + 200 + 300 =1820. Qm = A bPm Qm = 1820 0.25Pm b) How much is Mrola handphones sold semestrial? RM 1320 for a month 1320 / 4 = RM 330 unit c) If the firm wants to maximize summate revenue, designate the number of Mrola handphones that should be produced and at what price to sell. Q = 1820 0.25P 0.25P = 1820 Q P = 1820 Q 0.

25 P = 7280 4Q TR = (7280 4Q) X Q = 7280Q 4Q2 dTR = 7280Q 4Q2 dQ = 7280 8Q 7280 8Q = 0 7280 = 8Q Q = 7280 / 8 Q = 910 P = 7280 4(910) = 7280 3640 = RM 3640 d) gauge the price elasticity of affect is the demand elastic or inelastic? If the firm decreases the price, what fleece up stakes be the effect on marrow revenue? Explain. ?p = - 0.25 X 2000 / 1320 = - 0.38 (inelastic) *If the firm decreases the price, the quantity of the demand will increase. consequently the firm will not be able to utmost their total revenue. e) Determined the income...If you want to scramble a all-embracing essay, coiffure it on our website: Ordercustompaper.com

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