Garage Cleaner Output (revenue) Market Share (%) South Star $13,000 Constellation $25,000 Clean Sweep $9,000 Slam Dunk $17,000 Assume there are only four firms in the garage cleaning industry. What is the combined market share of Clean Sweep and Constellation? Round to the nearest percentage point. 14% 47% 53% 100%
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- What are the possible revenue structure of a Bio-Brick (product) Company? Here are the example Revenue Structure of a ecommerce Revenue Structure · Low margin revenue streams from retail ecommerce sales and fulfillment · Advertising · Marketplace commission · Transaction feeswhat are the formulas for each column? what is the profit maximizing output q and p? what is the firms best course of action short and long term?PROBLEM SOLVING Below is a data of the per-unit costs incurred by a competitor in selling face mask per pack (5 masks per pack) per day. Output (in packs) AFC (P) AVC (P) ATC (P) MC (P) 60.00 45.00 42.50 1 105.00 45.00 2 30.00 72.50 40.00 20.00 35.00 40.00 37.50 60.00 52.50 4 15.00 30.00 12.00 37.00 37.50 49.00 47.50 35.00 40.00 10.00 7 8.57 38.57 47.14 45.00 8 7.50 6.67 40.63 48.13 55.00 65.00 75.00 50.00 9 10 43.33 46.50 6.00 52.50 1. Assuming that the product's price is P58 per pack, should the competitor sell in the short-run Why or why not? If it decides to sell, what will be the profit-maximizing (or loss-minimizing output per day)? What is the profit (or loss) that the seller can realize per day? What is the profit (or loss) per pack? A. Assuming that the product price is P42 per pack, answer the same questions in letter A. B. Because of increasing sellers of masks in the market, the product's price further decreased to P32 per pack. Again, answer the same questions in letter A.…
- Give me correct answqer with full explanation and calculation Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.what is the profitability of the current top 5 companies on the gartner list 2023Home - Netflix C T connect Rachel Rachel https://newconnect.mheducation.com Pricing Fundamentals ADIVISIV LIVIN MI consider in addition to PRODUCTION COST that affects PRICE. There is one other COMPETITOR focused on the OUTDOOR ENTHUSIAST market, so this COMPETITOR will be directly challenging your efforts. In addition, your MARGIN PER UNIT must cover another set of important but potentially large costs. To investigate these additional costs, click on the other tabs in the top navigational bar and explore further. What are the major elements of those other costs? Channels and Segmentation Channels and Advertising Advertising and Segmentation Cos F M Distr ODIO H
- Sampson Ltd produces two products that can be produced on either of two machines. Each month, only 5o0 hours of time are available on each machine. The time required to produce each item by hour and machine is: Machine Machine Product 1 Product 2 3 4 Month Month 1 Month 2 Month 1 Demand Demand Price Price Product 1 100 160 $45 $65 $10 Product 2 120 110 $35 The demand and price point for each product that customers are willing to pay are above. The company goal is to maximize revenue from sales from the next two months. Based on the provided information, how many constraints does this problem have excluding the non-negativity constraints?Tennis Products, Inc., produces three models of high-quality tennis rackets. The following table contains recent information on the sales, costs, and profitability of the three models: Average Quantity Current Total Variable Cost Contribution Margin Contribution Sold Price Revenue Per Unit Per Unit Margin* Model (Units/Month) ($) ($) ($) ($) ($) 15,000 30 450,000 15.00 15 225,000 В 5,000 35 175,000 18.00 17 85,000 10,000 45 450,000 20.00 25 250,000 Total $1,075,000 $560,000 *Contribution to fixed costs and profits. The company is considering lowering the price of Model A to $27 in an effort to increase the number of units sold. Based on the results of price changes that have been instituted in the past, Tennis Products' chief economist estimates the arc price elasticity of demand to be -2.5. Furthermore, she estimates the arc cross elasticity of demand between Model A and Model B to be approximately 0.5 and between Model A and Model to be approximately 0.2. Variable costs per unit are…Refer to the table below: Quantity (Bushels) (Q) 0 1 2 DEEL AWN 6 10 Total Revenue (TR) $0.00 4.00 8.00 12.00 16.00 20.00 24.00 28.00 32.00 36.00 40.00 Total Cost (TC) $1.00 4.00 6.00 7.50 9.50 12.00 15.00 19.50 25.50 32.50 40.50 Profit (TR-TC) -$1.00 0.00 2.00 4.50 6.50 8.00 9.00 8.50 6.50 3.50 - 0.50 Marginal Revenue (MR) $4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 Marginal Cost (MC) $3.00 2.00 1.50 2.00 2.50 3.00 4.50 6.00 7.00 8.00 bushels of wheat (enter a whole number). Farmer Parker will maximize profits by producing Suppose that the marginal cost of wheat increases by $0.50 for every bushel of wheat produced. For example, the marginal cost of producing the eighth bushel of wheat is now $6.50. Will this increase in marginal cost change the profit-maximizing level of production for Farmer Parker? How much profit will Farmer Parker make now? $ (round your answer to the nearest penny).
- Use the table to compute the marginal revenue and marginal cost1. ThedemandfunctionforagoodisgivenbytheequationP=a−bQwhilethetotalcost function is TC = dQ2 + eQ + f, where a, b, d, e and f are positive constants. (a) Derive the equation for profit.(b) Derive an expression for the value of Q for which profit is maximised.I only need the Letter parts A - D thank you so much for the understanding