The anticipated retail price of a stationary bike is $195 and the initial markup is 56 percent. Calculate the merchandise cost.

Find total revenue when price Is $45 per unit and the total quantity sold is 7

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When the price is between AVC and ATC (ATC<p>AVC), then total revenue for the competitve firm

A company produces and sells a consumer product and is able to control the demand for the product by varying the selling price. The approximate relationship between price and demand is p= 200-0.05D where p is the price per unit in dollars and D is the demand per month. The company is seeking to maximize its profit. The fixed cost is $15000 per month and the variable cost is $50 per unit. a. What is the number of units that should be produced and sold each month to maximize profit? b. What is the domain of profitable demand during a month? Show your spreadsheet.

Your product's revenue per unit is $30, and product's cost per unit is $10. If the demand for next month is 200 units, and it costs $1000 one time to set up the machine, what is our profit (in dollars) for next month?

Apple normally sells 300 million ipods @ $150 each. Its variable cost is $35 each. The price elasticity is -0.8. It is considering a price increase of 10%. Calculate how the gross profit and sales revenue will change. Show you calculations. Tesla normally sells 3000 cars @ $45,000 each. Its variable cost is $35,000 each. The price elasticity is -0.95. It is considering a price decrease of $3000. Calculate how the gross profit and sales revenue will change. Show you calculations. UCR normally sells 5 used laptops @ $100 each. Its variable cost is $30 each. The price elasticity is -1.6. It is considering a price increase of 10%. Calculate how the gross profit and sales revenue will change. Show you calculations.

Demand for an item is constant at 40 units a week, and the economic order quantity is calculated to be 100 units. What is the reorder level if lead time is constant at 4 weeks? What is the effect of adding some margin of safety and raising the reorder level by ten units? What happens if the lead time (a) falls to 2 weeks or (b) rises to 6 weeks?