Answer:
A) (20-(x-10)) (x-6) = -x^2 +36x-180
B)In order to maximize the weekly profit the feeder price should be $80 and the weekly profit will be $144
Explanation
A)Let's consider they priced each feeder dollar x then the gain (price minus cost) of each feeder is (x-6). With the price of Dollar 10 they can sell 20 per week.
For every dollar increase in price they will lose two sales so total sale is
(10-(x-10)) .By multiplying the number of sales of feeder with profit of each feeder sold we get total revenue y i.e.
Y=(x-6)(20-(x-10))
=(x-6) (30-x)
= -x^2+36x-180
B) compare above equation with quadratic equation we get;
a=-1 , b=36 , c= -180
A quadratic function has minimum or maximum at point -b/2a ,so revenue is increased for feeder price.
x= b/2a = 36/2(-1) = $18
AND
Maximum weekly profit is
Y(18) = (18-6) (30-18)
=$144
Answer:
B. In the long run, a change in the nominal exchange rate brings an equivalent change in the real exchange rate.
Explanation:
As we know that in the short run there is a decline in the nominal exchange that results in a decrease of real exchange rate due to which there is a reduction of the import and the export is risen.
But in the case of the long run, if there is a change in the nominal exchange rate so the real exchange rate would remain the same
This results that if there is a change in the nominal exchange rate so it would not bring the equal change in the real exchange rate
Hence, option B is incorrect
Answer: Target market
Explanation: The target markets refers to the group of customers at which an organisation aims its marketing efforts. In simple words, it is that market in which the organisation intends to make it sale for the generation of profits.
In the given case, Kroger is introducing a product that satisfies needs and preferences of Hispanic customers specially. So we can conclude that Hispanic consumers are the target market for Kroger.
First i would wait that my letter be approved and the i would choose my work team
