Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Management Studies


Home >> Business Management

Maria sells small, individual-sized pizzas from a small cart at a shopping mall in Toledo. She uses a unique sauce that attracts a loyal following of customers. The demand for her pizzas is Q=1650-250P, and her costs are C=0.72Q+0.0035Q2. Q is the number of pizzas sold per week, TC is Maria's weekly total cost, and P is the price of a pizza.

a) What price and output will Maria choose to maximize profits?

b) Maria returns to college and asks her cousin Victor to manage her pizza business. Victor faces the same demand and cost conditions as Maria, but he decides to maximize revenue. What price and output should he choose?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92021013
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

Assignmentfind sample healthcare clinical andor operational

Assignment: Find sample healthcare clinical and/or operational dataset from the Internet. Explain the dataset in terms of attribute names and data

For safety reasons 5 different alarm systems were installed

For safety reasons, 5 different alarm systems were installed in the vault containing the safety deposit boxes at a Beverly Hills bank. Each of the 5 systems detects theft with a probability of 0.84 independently of the o ...

How can local the local government help prepare employees

How can local the local government help prepare employees for higher level positions in the organization.

What is the binary representation of the decimal number

What is the binary representation of the decimal number 4.875 assuming the IEE 754 single precision format?

An over-supply of available workers and an under-supply of

An over-supply of available workers and an under-supply of qualified talent, legislation requirements of other countries, below average pay, baby boomers aging out of the work force, and small businesses hiring, but only ...

Which of the listed qualities of leaders and managers did

Which of the listed qualities of leaders and managers did the nurse manager display? Which behaviors? Which ones did the nurse manager not display?

An over-supply of available workers and an under-supply of

An over-supply of available workers and an under-supply of qualified talent, legislation requirements of other countries, below average pay, baby boomers aging out of the work force, and small businesses hiring, but only ...

Explain and discuss the following quotepoliticians can be

Explain and discuss the following quote: "Politicians can be strange. They have been calling for the breakup of firms as diverse as energy companies and tech giants like Microsoft and Google because they believe these co ...

1 what elements about the airbus consortium reflect the

1. What elements about the Airbus consortium reflect the description of the culture clusters (GLOBE) and dimensions (Hofstede & Kluckhorn) 2) How would you define the concept of 'economic patriotism'? What role do you th ...

What types of challenges do human resources managers face

What types of challenges do human resources managers face in a modern business environment?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved