subject
Business, 20.12.2019 02:31 iBrain

You are the manager of a firm that produces products x and y at zero cost. you know that different types of consumers value your two products differently, but you are unable to identify these consumers individually at the time of the sale. in particular, you know there are three types of consumers (1,000 of each type) with the following valuations for the two products:

consumer type

product x

product y

1

$90

$60

2

70

140

3

40

160

a. what are your firms profits if you charge $40 for product x and $60 for product y? $

b. what are your profits if you charge $90 for product x and $160 for product y? $

c. what are your profits if you charge $150 for a bundle containing one unit of product x and one unit of product y? $ d. what are your firm

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:20
Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respectively. income reported on the income statement for the year was $180,000. exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
Answers: 2
question
Business, 22.06.2019 01:30
Iam trying to get more members on my blog. how do i do this?
Answers: 3
question
Business, 22.06.2019 05:50
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
Answers: 2
question
Business, 22.06.2019 14:40
Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate.the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received.c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.
Answers: 3
You know the right answer?
You are the manager of a firm that produces products x and y at zero cost. you know that different t...
Questions
question
Mathematics, 29.08.2019 22:50
question
Mathematics, 29.08.2019 22:50
question
Mathematics, 29.08.2019 22:50
Questions on the website: 13722367