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Opening: Provide an overview of the memo itself to inform the reader what the outline will encompass. o Calculate the profit-maximizing price for the service.

Opening: Provide an overview of the memo itself to inform the reader what the

outline will encompass.

o

Calculate the profit-maximizing price for the service. Use the file named "Epix":

ECON 723 MEMO 4 EPIX.XLSX

Download ECON 723 MEMO 4

EPIX.XLSX

Compare and contrast whether the company will increase profits with the new

service.

o

Conclude with a recommendation of the profit-maximizing price, and how much

of the profits will increase if the company adjusts prices to the recommended

level. Also, note whether this will impact the company's revenue.

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