Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

RawDeal is the new sushi bar in the neighborhood. Their estimated marginal cost is 10 cents per sushi unit. RawDeal estimates that each consumer has a demand for sushi given by q = 20 - 10 p, where q is number of sushi units and p is price in dollars per unit.

(a) Determine the optimal price per sushi unit.

(b) RawDeal is considering switching to an all-you-can-eat-sushi policy. Determine the optimal price per customer. How does profit compare to pricing per unit?

(c) Discuss other advantages and disadvantages of each pricing option.

(d) Ignoring implementation costs, what is the optimal two-part tariff for sushi (i.e., a fee at the door plus a price per sushi piece).

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92474353
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

Given a trendline of y 5832x 135799 where the variable x

Given a trendline of y = 5832x + 135799, where the variable x represents the age of a home (in years) and the variable y represents its current market value (in dollars), use this trendline to predict the current market ...

What is norways global health issues and how can they be

What is Norway's global health issues and how can they be combated?

What steps has whole foods taken in approprately planning

What steps has Whole Foods taken in approprately planning strategy? Assuming WFoods must develop a new business model, how should they go about this?

What steps are required in determining the big-oh notation

What steps are required in determining the Big-Oh notation for the algorithm when sorting an array of integers 5 7 4 9 8 5 6 3 and showing the contents each time a selection sort changes it while sorting the array into a ...

As organizations build inclusion efforts to drive diversity

As organizations build inclusion efforts to drive diversity (e.g., pluralism, structural integration, informal network integration, absence of prejudice and discrimination, and minimum intergroup conflict), what barrier ...

Lookout mountain which overlooks the tennessee river valley

Lookout Mountain, which overlooks the Tennessee River Valley near Chattanooga, Tennessee, was of great strategic importance during the Civil War. Today, some of the artillery used in the war remain at the park located on ...

What is a good analogy of subnetting whats a break down of

What is a good analogy of Subnetting? What's a break down of how it is used within a company?

You sell bicycle theft insurance if bicycle owners do not

You sell bicycle theft insurance. If bicycle owners do not know whether they are high- or low-risk consumers, is there an adverse selection problem?

Suppose you have used the following production function to

Suppose you have used the following Production Function to estimate the Industry's average and marginal products for its inputs: Q = 150 L 1/4 K 1/3  M 1/5. Where Q stands for output; L is labor; K is capital (machine ho ...

Examples of national quality control models whats are the

Examples of national quality control models? whats are the key concepts?

  • 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