Data for Questions 5 and 6. Assumptions Sales Volume per Year US Dollar Price of Annual Subscription Spot Exchange Rate (MWK$) Expected Spot Rate (MWK/$) Unit Volume Decrease if Price in MWK Increased Values 900 240 771.83 1082.95 45 % Homework 5 (related with the 7th Week, 29th Reading Material and 12th Week, 64th and 67th Reading Material): This is a US cloud meeting firm selling subscription video conferencing online to Malawian businesses. Using the data above, calculate under Case 1- Same Malawian Kwacha (MWK) Price and Case 2- Same U.S Dollar Price a) US dollar price of a single subscription. b) Unit volume of sales of subscription. c) US dollar sales revenue of all subscription revenues. Homework 6 (related with the 7th Week, 29th Reading Material and 12th Week, 64th and 67th Reading Material): Using the same dataset above, calculate a) both under Case 1 and Case 2 MWK sales revenue of all subscription revenues and compare these two revenue figures. b) Case 2 price elasticity of demand for subscription by Malawian businesses on Malawian Kwacha (MWK) basis and state which strategy is suitable to the US firm. c) Do your findings in a and b point to the same strategy, why (not)? Data for Questions 5 and 6. Assumptions Sales Volume per Year US Dollar Price of Annual Subscription Spot Exchange Rate (MWK$) Expected Spot Rate (MWK/$) Unit Volume Decrease if Price in MWK Increased Values 900 240 771.83 1082.95 45 % Homework 5 (related with the 7th Week, 29th Reading Material and 12th Week, 64th and 67th Reading Material): This is a US cloud meeting firm selling subscription video conferencing online to Malawian businesses. Using the data above, calculate under Case 1- Same Malawian Kwacha (MWK) Price and Case 2- Same U.S Dollar Price a) US dollar price of a single subscription. b) Unit volume of sales of subscription. c) US dollar sales revenue of all subscription revenues. Homework 6 (related with the 7th Week, 29th Reading Material and 12th Week, 64th and 67th Reading Material): Using the same dataset above, calculate a) both under Case 1 and Case 2 MWK sales revenue of all subscription revenues and compare these two revenue figures. b) Case 2 price elasticity of demand for subscription by Malawian businesses on Malawian Kwacha (MWK) basis and state which strategy is suitable to the US firm. c) Do your findings in a and b point to the same strategy, why (not)