Q19) A company is planning to manufacture a new blender. After conducting extensive market surveys, the...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Q19) A company is planning to manufacture a new blender. After conducting extensive market surveys, the research department estimates a weekly demand of 600 blenders at a price of $50 per blender and a weekly demand of 800 blenders at a price of $40 per blender. Assuming the demand equation is linear, use the research department's estimates to find the revenue equation in terms of the demand x. O A) R(x) = 80x – 20x² B) R(x) = 20x + 20 %3D .2 C) R(X) = 80x 20 D) R(x) 80x – 20 Q19) A company is planning to manufacture a new blender. After conducting extensive market surveys, the research department estimates a weekly demand of 600 blenders at a price of $50 per blender and a weekly demand of 800 blenders at a price of $40 per blender. Assuming the demand equation is linear, use the research department's estimates to find the revenue equation in terms of the demand x. O A) R(x) = 80x – 20x² B) R(x) = 20x + 20 %3D .2 C) R(X) = 80x 20 D) R(x) 80x – 20
Expert Answer:
Answer rating: 100% (QA)
Answer x indicaliy the blender P in di catir the price Let ... View the full answer
Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
Posted Date:
Students also viewed these accounting questions
-
A firm is planning to manufacture some new products for which it needs a new machine. The firm can get this machine either on Lease or on Hire Purchase. Machine cost- Rs. 50 lakhs Depreciation Rate ...
-
A Los Angeles company is planning to market an answering device for people working alone who want the prestige that comes with having a secretary, but who cannot afford one. The device, called...
-
A small oil company is planning to replace its Coriolis flow-meters with Emerson Hastelloy flow-meters. The replacement process will cost the company $50,000 three years from now. How much money must...
-
In the context of supply and demand under international trade, when will a country decide to export a particular good? Import a good? Who gains and loses under each decision?
-
Breeden worked for a school district in Nevada. She attended a meeting with two male workers. One of the men made a sexist joke to the other male, but it was not directed at Breeden, who complained...
-
Identify the whole-plot factor, the whole-plot unit, the split-plot factor, the split-plot units, and the response for the Popcorn data set. Label each factor as either fixed or random.
-
A person's height is \(5 \mathrm{ft} 2 \mathrm{in}\). What is the approximate length from their belly button to the floor rounded to the nearest inch?
-
The Nutmeg Corporation produces four different products, each in a 1-pound can: Almond Pack, Walnut Pack, Gourmet Pack, and Thrifty Pack. Three types of nuts are used in Nutmegs product almonds,...
-
Marvel Parts, Incorporated, manufactures auto accessories. One of the company s products is a set of seat covers that can be adjusted to fit nearly any small car. The company uses a standard cost...
-
Georgia Orchards produced a good crop of peaches this year. After preparing the following income statement, the company believes it should have given its No. 3 peaches to charity and saved its...
-
Given the death of George Floyd, there has been much discussion about immunity given to police officers. Legislation has been introduced seeking to take away police limited or qualified immunity....
-
State and discuss in detail, a key variable (factor) that influences demand in the business market. 2. State and discuss in detail, the key success factors for determining the usefulness of market...
-
A 33.0 kg beam is attached to a wall with a hinge while its far end is supported by a cable such that the beam is horizontal. If the angle between the beam and the cable is = 55.0 what is the...
-
Predictive approaches generally cannot include high-risk aspects with significant unknowns like new product development: True or False:
-
nd The adjusted trial balance for Speedy Courier as of December 31 follows. Debit Credit $ 58,000 Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) Office supplies...
-
Unit sales of Product 1 are currently 20,000, while unit sales of Product 2 are currently double those of Product 1. What will the company's sales forecast be assuming sales of Product 1 increase by...
-
center at origin vertex 3 0 and focus 1 0
-
In Exercises evaluate the limit, using LHpitals Rule if necessary. lim 07x cos x X
-
Bill Jackson worked during school and during the first 2 months of his summer vacation. After factoring in his deductions and personal exemption as a single man, Bill found that he had a total...
-
Compute P for the following diagram. 200 150 100 2 i-10%
-
Consider the following situation. Year Cash Flow 0................-$200 1.................+400 2..................-100 What is the rate of return?
-
Interpret favorable variance (Learning Objective 5) Exhibit 10-20 shows that the Mexican sauces product line had a favorable marketing expense variance. Does this favorable variance necessarily mean...
-
Identify responsibility centers (Learning Objective 5) Fill in the blanks with the phrase that best completes the sentence. A cost center A responsibility center Lower An investment center A profit...
-
Prepare summary performance report (Learning Objective 1)} Hanna White owns a chain of travel goods stores. Last year, her sales staff sold 10,000 suitcases at an average sales price of \(\$ 150\)....
Study smarter with the SolutionInn App