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vitfil [10]
2 years ago
5

50 percent of your potential customers would be willing to buy your product for $16 each, but the other 50 percent would be will

ing to pay no more than $10. HINT: In other words, we can say that: For any random customer that happens to walk into your store, there is a 50 percent chance that that customer will pay the full $16, versus a 50 percent chance that that customer will only be willing to pay $10. Unfortunately, you cannot tell your customers apart. Your marginal cost per unit, PER SALE is $4. HINT: To clarify further, you should assume that the marginal cost of $4 per sale is ONLY incurred if a sale is actually made. (In other words, we'll assume that if you do not make a given sale, then you don't get any revenue, but you also don't recognize any cost, so profit is zero in that scenario.) If you set the selling price of each unit at $16, the expected profit per customer is:_________.
Business
1 answer:
nignag [31]2 years ago
8 0

If you set the selling price of each unit at $16, the expected profit per customer is: $6.

<h3>Expected profit</h3>

Using this formula

Expected profit=Lowest amount willing to pay-Marginal cost

Where:

Lowest amount willing to pay=$10

Marginal cost=$4

Let plug in the formula

Expected profit=$10 - $4

Expected profit= $6

Therefore if you set the selling price of each unit at $16, the expected profit per customer is: $6.

Learn more about expected profit here:brainly.com/question/4177260

#SPJ1

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Program trading is the use of computer programs or algorithms to trade a portfolio of stocks at a high frequency and in large numbers. These algorithms, essentially 'machine traders', are created  to make trades on behalf of humans and are anticipated to have more precision and speed than human traders. However, these trades are created, monitored and analysed by human traders. The New York Stock Exchange classifies the coordinated trading of a group of 15 or more stocks with a combined market value of $1, 000, 000 as program trading.

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4 years ago
Dufner Co. issued 15-year bonds one year ago at a coupon rate of 7.1 percent. The bonds make semi-annual payments. If the YTM on
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Total $1,173.2544

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