A clothing company has determined that if the price of a T-shirt is K40, then 150 will be demanded by  T-shirt wearers. When the price is K45, then 100 T-shirts are demanded by T- shirts wearers. (a) Find the price-demand equation, assuming that it is linear. (b) Find the revenue function. (c) Find the number of items sold that will give the maximum revenue. What is the maximum revenue? (d) What is the price of each item when maximum revenue is achieved?

Given that the total cost, C, is related to sales volume, x, by the equation y=1000+0.2x, say true or false for the following and proof it. (a) The cost-sales line rises $2 for each increase of $10 in sales volume. (b) The slope of the line is interpreted as variable cost

Suppose that the profit (in dollars) from the sale of Kisses and Kreams is given by P(x, y) = 10x + 6.9y-0.001x²-0.045y² where x is the number of pounds of Kisses and y is the number of pounds of Kreams. Find P/ay, and give the approximate rate of change of profit with respect to the number of pounds of Kreams that are sold if 100 pounds of Kisses and 14 pounds of Kreams are currently being sold. (Give an exact answer. Do not round.) What does this mean? If the number of pounds of Kisses is held constant and the number of pounds of Kreams is increased from 14 to 15, the profit will increase by approximately $ Need Help? Read It Watch it

Compute breakeven sales. (Use the rounded contribution margin ratio calculated in the previous part to compute breakeven sales.) Breakeven sales eTextbook and Media Save for Later (b2) S What is Pharoah's margin of safety? Margin of safety $

A factory is producing a new product, and it is your job to help decide what price will produce maximum for your company. Your accounting department has told you that the profit can be estimated by the formula P(x)= 16=6x^2-x^3, where x is the selling price. Determine the selling price that produces the maximum profit. A.) Find the critical values. B.) Determine the selling price.

A company purchased 10,000 pairs of men's slacks for $19.36 per pair and marked them up $22.33. What was the selling price of each pair of slacks? Use the formula S=C + M The selling price of each pairs of slacks is $ Em

For a certain product, the linear demand curve is described by the equation, Quantity = 15,449 - 405 * Price. Variable cost to manufacture this product is $8 per unit. Calculate optimal price for this product. Rounding: penny.

Suppose your company sells a 3 pack of lenses that attach to smart phones to improve the quality of pictures people take. You pay $29.95 for each 3 pack and sell them for $59.95. What is your Cost of Goods Sold Percentage for this item?

1. Call(35) = $9.12, Call(40) = $6.22, Call(45)= $4.08. Using MS Excel, create profit tables and graphs separately for each long call and then create a single chart showing profit for each long call on the same graph, clearly label each profit curve.

Knight Shades Inc. is considering adding new line of sunglasses to their designer series. The glasses will sell for $1,100 per pair and have a variable cost of $400 per unit. The company has spent $101,000 for a marketing study that estimates the company will sell 74,000 sunglasses per year for seven years. The fixed costs each year to produce the sunglasses will be $5,040,000. The company has also spent $706,000 on research and development for the new glasses. The new plant and equipment will cost $12,000,000 at start-up and will be depreciated on a straight-line basis to zero over the seven years. At the end of the seven years the plant and equipment will be worthless. The new sunglasses will also require an increase in net working capital of $664,000 that will be returned at the end of the project. The tax rate is 40 percent, and the cost of capital is 9 percent. The marketing study also estimates that introducing the new sunglasses will reduce sales of the company's high-priced…