​Use the following to answer the questions. ​ Suppose that Ray-Ban is considering a new line of sunglasses that would be sold in major department stores. The new line would be positioned as a more distinctive brand than the typical glasses sold through department stores, and would be priced higher than other brands in the store, but a lower price line than the current Ray-Ban lines that are sold through more selective stores. In determining the price for this sunglass line, Ray-Ban wants to gather information about all brands sold in department stores and about customers' perceptions of those brands. ​Refer to Scenario 12.3. Ray-Ban's plan of gathering information about the other brands sold in department stores, including their prices, would most likely be used in a ____ basis for pricing.

Answer:

Explanation:However, GVA at basic prices will include production taxes and exclude production subsidies available on the commodity. On the other hand, GVA at factor cost includes no taxes and excludes no subsidies and GDP at market prices include both production and product taxes and excludes both production and product subsidies

Answer:

a) R(x) =  51000 x - 3000 x²

b) When the Revenue is maximum, The price is $ 8.5

c) When No revenue is generated, The price of the ticket is $17

Explanation:

Given - A baseball team plays in a stadium that holds 54,000 spectators. With the ticket price at $10, the average attendance at recent games has been 21,000. A market survey indicates that for every dollar the ticket price is lowered, attendance increases by 3000.

To find - (a) Find a function that models the revenue in terms of ticket price.  

              (b) Find the price that maximizes revenue from ticket sales.  

              (c) What ticket price is so high that no revenue is generated?

Proof -

Let us assume that,

The price of a ticket = x

The revenue = R

Now,

a)

Total number of tickets sold , N = 21000 + 3000(10 - x)

                                                     = 21000 + 30000 - 3000 x

                                                     = 51000 - 3000 x

⇒Total number of tickets sold , N = 51000 - 3000 x

Now,

Revenue , R(x) = x * N

                        = x [ 51000 - 3000 x ]

                        = 51000 x - 3000 x²

⇒R(x) =  51000 x - 3000 x²

b)

For maximum Revenue,

Put [tex]\frac{dR(x)}{dx} = 0[/tex]

Now,

[tex]\frac{dR(x)}{dx}[/tex] = 51000 - 6000 x

⇒51000 - 6000 x = 0

⇒6000 x = 51000

⇒6x = 51

⇒x = [tex]\frac{51}{6}[/tex] = 8.5

∴ we get

When the Revenue is maximum, The price = $ 8.5

c)

If No Revenue is generated

⇒R(x) = 0

⇒51000 x - 3000 x² = 0

⇒1000 x ( 51 - 3 x ) = 0

⇒1000 x = 0, 51 - 3 x = 0

⇒x = 0, 3 x = 51

⇒x = 0, x = [tex]\frac{51}{3}[/tex]

⇒x = 0, x = 17

∴ we get

When No revenue is generated, The price of the ticket is $17

Answer:

Some of the important job roles that can be taken up by an Environmental Economist include Energy Economist, Ecological Economist, Agricultural Economist and Chief Economist.

Explanation:

please give me brain list and follow

Answer:

best-cost provider

Explanation:

The five basic strategic approaches has Granville Transportation decided upon are;

✓Broad low-cost strategy.

✓Best-cost strategy.

✓Broad differentiation strategy.

✓Focused differentiation strategy.

✓Focused low-cost strategy.

Best-cost provider strategy can as well be regarded as 'best-cost strategy', this strategy focused on how to get quality of products increased and reducing costs at the same time, it aims in providing customers with more value.