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Pleass complete exercise in excel sheet 1. Your company charges $60 for a board game it invented and has sold 3,000 copies during the last

Pleass complete exercise in excel sheet
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1. Your company charges $60 for a board game it invented and has sold 3,000 copies during the last year. Elasticity for board games is known to equal 3. Use this information to determine a linear and power demand curve. 2. You need to determine the profit-maximizing price for a video game console. Currently you charge $180 and sell 2 million consoles per year. It costs $150 to produce a console, and the price elasticity of demand for consoles is 3. What price should you charge for a console? 3. Now assume that, on average, a purchaser of your video game console buys 10 video games, and you earn $10 profit on each video game. What is the correct price for consoles

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