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Economics

You are a pricing analyst for QuantCrunch Corporation, a company that recently spent $10,000 to develop a statistical software package. To date, you only have one client. A recent internal study revealed that this client's demand for your software is Q d =100 - 0.1 P and it would cost you $500 / unit to install and maintain software at the client's site. The CEO of your company recently asked you to construct a report that compares (1) the profit that results from charging a single per-unit price with (2) the profit that results from charging $900 for the first 10 units and $700 for each additional unit of software purchased. Construct a report, including in a recommendation that would result in even higher profits.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9223824

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