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seraphim [82]
3 years ago
8

Suppose that JVC is trying to decide how to price a new stereo system composed of a receiver, CD player, and speakers. The compa

ny's economists have estimated that two different groups will purchase these products: students and club owners. The economists analysis suggests that the total market for its brand of stereos consists of 10,000 students and 50,000 club owners. In addition, it is estimated that the maximum amount each group will pay for each stereo component is as follows:
Group Receiver CD Player Speakers
Students $250 $150 $100
Club owners $200 $75 $250
Required:
a) Suppose that JVC markets the receiver, CD player, and speakers are sold separately and together. What prices should JVC charge to maximize revenues?
Business
1 answer:
Kisachek [45]3 years ago
5 0

Answer:

The answer is "Receivers= 200, CD player= 75,  Speaker= 250 , and Combined ( bundling )= 500".

Explanation:

As a Receiver    

If the value of P = 250, purchase only by students then,  

TR = 250 × 10,000 = 2,500,000  

If the value of P = 200, buy by  both forms  

TR = 200×(60,000) = 12,000,000  

And higher TR,

P = 200,  

For the receivers fee of P = 200  

Player CD  

Where the value of P = 150  

TR = 150 × 10,000 = 1,500,000  

If P = 75,  

TR = 75×(60,000)  

Superior TR with P = 75,  

Rapporteurs,  

If P = 100, buy both

TR = 6,000,000

TR= 100 × (60,000)  

If P = 250, then buy only the club owner

TR = 250 × 50,000

TR= 12,500,000    

So taller TR with P = 250  

Then the will to pay combined  

250 + 150 + 100 = 500 For students  

For club members, 200 + 75 + 250 = 525  

So if P = 500, you buy both forms  

TR = 500 × 60,000 people  

= 30,000,000  

If only club owners buy P = 525, then  

TR = 525 ×50,000

TR= 2,650,000

The higher TR for P is 500.

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statuscvo [17]
The answer is A!!!!!!!!!!!
4 0
3 years ago
PLZ help
Aleksandr [31]

Answer:

Resources are limited.

Production requires resources.

Everyone wants or needs goods.

Explanation:

Different regions provide different resources that people can use for their business. People in that region need to understand the type of resources that are available for them and produce the goods that can be sustained by the available resource.

This scarcity means that acquiring resources require a certain amount of capital. Since people do not unlimited capital, they have to be picky with their consumption/production to ensure the ones with highest priority are fulfilled first.

On top of that, everyone wants or needs goods. Meaning that in order to obtain a certain resources, people will have to face competition. As the competition become more fierce, the sacrifice that is needed to obtain a certain product is increased. This is also why they have to watch out which product they should choose to consume.

7 0
3 years ago
Quistor Inc., a company based in the country of Waltefa, contracts with a small-scale supplier in the country of Carlesna to man
bazaltina [42]

Answer:

Foreign outsourcing

Explanation:

Foreign outsourcing is a business practice by which a company based in a certain region or country hires another company outside of the region to produce good and perform services that could have been done within. We could also define it as the importation of products or service that could have produced domestically. Most times foreign outsourcing are done to reduce cost of production or service delivery, but one common risk that could be experienced in foreign outsourcing is the loss of control over the goods produced or the services provided.

Therefore, the strategy by Quistor Inc. illustrates foreign outsourcing.

6 0
3 years ago
urk Manufacturing is considering purchasing two machines. Each machine costs $9,000 and will produce cash flows as follows: End
Brums [2.3K]

Answer:

Turk should purchase Machine B

Explanation:

<u>Our first step</u> will be to multiply each cashflow by the factor.

Then we will add them to get the present value of the cash flow

\left[\begin{array}{cccc}-&A&factor&Present \: Value\\Year \: 1&5,000&0.8696&4,348\\Year \: 2&4,000&0.7561&3,024.4\\Year \: 3&2,000&0.6567&1,313.4\\Total&11000&-&8,685.8\\\end{array}\right]

Then we subtract the machine cost:

8,685.8 - 9,000 = -314.2 This Machine has a negative value. It is not convinient to purchase this machine.

\left[\begin{array}{cccc}-&B&factor&Present \: Value\\Year \: 1&1,000&0.8696&869.6\\Year \: 2&2,000&0.7561&1,512.2\\Year \: 3&11,000&0.6567&7,223.7\\Total&14,000&-&9,605.5\\\end{array}\right]

9,605.5 - 9,000 = 605.5 This machine NPV is positive it is convient.

7 0
2 years ago
Suppose White Company manufactures chairs. One model is the executive chair that sells for $220. White Company projects sales of
lianna [129]

Answer:

$55,000

Explanation:

we must determine the total budgeted manufacturing cost per unit = direct materials per chair x direct labor per chair + variable manufacturing overhead cost per chair = $60 + $30 + $20 = $110 per unit

total budgeted sales = 500 units sold in January

budgeted cots of goods sold = 500 units x $110 per unit = $55,000

3 0
3 years ago
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