Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

You are a developer that has just nished writing a new game and would like to publish it with this platform's store. You do not

You are a developer that has just nished writing a new game and would like to publish it with this platform's store. You do not expect to incur in any more costs developing the product. The app store typically keeps 20% of your revenue but, in order to incentivize buyers and sellers, the app store will only charge 15% of revenue to good apps selling more than 60,000 units a year, and 10% to top-selling apps with more than 85,000 units sold. Assume that there are no extra (in-game) charges beyond the price to acquire the game.

Question- How much should you charge for your game assuming that the prices and sales given are for comparable games to that you want to bring to market?

Please typewrite your answer, no handwritten answers please.

Please use the following table for your calculations.

Price Units Sold
$0.99 114598
$0.99 57332
$3.99 67303
$6.99 43861
$0.99 112493
$2.99 71480
$1.99 110043
$2.99 78960
$1.99 59574
$0.99 122159
$0.99 106382
$9.99 5642
$1.99 91014
$0.99 98704
$0.99 94602
$0.99 69491
$3.99 55488
$0.99 116307
$0.99 70601
$0.99 72388
$9.99 6859
$0.99 117660
$1.99 102162
$1.99 68087
$0.99 76619
$1.99 88828
$1.99 102807
$0.99 78535
$8.99 16592
$1.99 56844
$5.99 57873
$7.99 21912
$0.99 78123
$1.99 52716
$0.99 71668
$1.99 84029
$1.99 106035
$0.99 58869
$0.99 118863
$0.99 105264
$9.99 4461
$4.99 36064
$7.99 19152
$6.99 38266
$0.99 119034
$3.99 58326
$2.99 97860
$1.99 59670
$0.99 91842
$6.99 24349
$0.99 124276
$1.99 102384
$0.99 120886
$8.99 15674
$0.99 118357
$0.99 103956
$2.99 61240
$1.99 94399
$9.99 3408
$9.99 3391
$1.99 62820
$1.99 83558
$0.99 120966
$0.99 86438
$0.99 108707
$0.99 108973

Please typewrite your answer, no handwritten answers please.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Securitisation Derivatives A Practioner's Handbook

Authors: Mark Aarons, Vlad Ender, Andrew Wilkinson

1st Edition

1119532272, 978-1119532279

More Books

Students explore these related Finance questions