alculator Scratch Pad Pillar Co makes decorative candles which are made from a special organic blend of beeswax, botanical wax and scented oils. Currently Pillar Co only sells its candles in its domestic market. The company has collected the data relating to sales of its 90 gram Honey Bee candle, which is very popular in Pillar Co's home country of Zedland. This pricing analysis is as follows: Price per unit ($) 5 Quantity sold ('000 units) Variable cost per unit Fixed cost per unit (5) 2.00 2.00 (S) 4.00 100 6 96 4.17 92 2.00 4.35 88 2.00 4.55 84 2.00 4.76 10 80 2.00 5.00 Pillar Co is reviewing its pricing strategies and has decided to use the information relating to the Honey Bee candle to assess some of the company's possible pricing decisions. 7 8 9 23 of 34 Close All Plag for Review If P- price per unit in S, and Q-sales in thousands of units, which of the following represents the demand curve of the Honey Bee candle? OP-10-0.250 OP-10 +0.250 OP-30-0.250 OP-30-0.000250

a bakery charges $ 1.50 for donuts , and $ 2.25 for its scones. one day the manager found out that 150 scones had been sold out , and the total recepits were $ 258. how many donuts and scones were sold?

Initial values are: PM $20000 PG = $1.00 I = $15000 A = $10000 QT 200 -.01PT +.005PM -10PG +.011 +.003A This function is: 1.(a). Use the above to calculate the arc price elasticity of demand between Pr = $20000 decreasing to PT = $10000. AQ P₁ + P₂ The arc elasticity formula is:Ep ΔΡ Q₁ +2₂ (b). Judging from the computation in (1a), do you expect the revenue resulting from the price decrease to $10000 to increase, remain the same, or decrease relative to the revenue at the price of $20000? (Hint: see the table on page 65 of Truett). Explain your choice. 2.(a) Calculate the point price elasticity of demand for Toyotas at PT= $20000 (which should make Q₁ = 270). Other variables and their values are given at the top, before question #1. The formula is: dQT PT Ep = ● арт LT (b). Does this elasticity indicate that Toyota demand is relatively responsive to changes in Toyota price? Explain why or why not. 3.(a). Calculate the point gasoline cross-price elasticity between (PG) and Toyota…

A lash adjuster keeps pressure constant on engine valves, thereby increasing fuel efficiency in automobile engines. The relationship between price (p) and monthly demand (D) for lash adjusters made by the Wicks Company is given by this equation D (1.900-py0 10 What is the demand (0) when total revenue is maximized? What important data are needed if maximum profit is desired? G The total revenue is maximized when demand is 9500 units per month (Round to the nearest whole number) Select all important data that are needed if maximum profit is desired. DA Variable cost per lash adjuster B. Fixed cost per month C. Variable cost per engine valve D. Variable cost per gallon of fuel

Davis Stores sells clothing in 15 stores located around the southwestern United States. The managers at Davis are considering expanding by opening new stores and are interested in estimating costs in potential new locations. They believe that costs are driven in large part by store volume measured by revenue. The following data were collected from last year’s operations (revenues and costs in thousands of dollars).   Store                  Revenues              Costs 101                      $4,120                $4,244 102                        2,247                  2,934 103                        5,768                  5,211 104                        4,022                  4,048 105                        2,944                  3,736 106                        4,063                  3,389 107                        6,914                  5,059 108                        1,809                  2,474 109                        5,516                  4,768 110…

You are analysing the annual revenue from the top 5 coffee maker models manufactured in your company, and want to know the comparative revenue made from each model. Rank these 5 coffee makers based on the revenue made this year, from highest to lowest.

Profit Analysis Unendo, is a large computer game manufacturer. They have estimated that the demand function for their game "Star Wars Battlefront III" is as follows... STAR WARE BATTLEFRONT p = 86 - 0.05q where p is the price of a game and q is the number of game produced and sold per week. They estimate that their cost function in dollars is ... Clq) = 179 + 5000; where the fixed cost is $5000 and the marginal cost is $17 per game Unendo wishes to maximize the weekly profit of producing and selling the game. Find the maximum profit they can earn. (Round your answer to 2 decimal places, if necessary)

please help the answers I got were wrong!!!

A company manufactures two types of typewriters-electrical (E) and manual (M). The revenue function of the company, in thousands is: R(E, M) = 8E + 5M + 2EM – E² – 2M² + 20. Determine the quantity of electrical and manual typewriters which lead to maximum revenue. Also calculate the maximum revenue.

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