subject
Business, 13.12.2019 23:31 labrandonanderson00

As a manager of a chain of movie theaters that are monopolies in their respective markets, you have noticed much higher demand on weekends than during the week. you therefore conducted a study that has revealed two different demand curves at your movie theaters. on weekends, the inverse demand function is p = 20 – 0.001q; on weekdays, it is p = 15 – 0.002q. you acquire legal rights from movie producers to show their films at a cost of $25,000 per movie, plus a $2.50 "royalty" for each moviegoer entering your theaters (the average moviegoer in your market watches a movie only once).

a) what price should you charge on weekends?
b) what price should you charge on weekdays?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 23:30
As manager of kids skids, meghan wants to develop her relationship management skills. in order to do this, she learns how to
Answers: 2
question
Business, 22.06.2019 03:00
Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.
Answers: 1
question
Business, 22.06.2019 11:00
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 3
question
Business, 22.06.2019 12:10
The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:
Answers: 3
You know the right answer?
As a manager of a chain of movie theaters that are monopolies in their respective markets, you have...
Questions
question
Mathematics, 05.09.2020 01:01
Questions on the website: 13722361