Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 328 Weeks Ago
Questions Answered: 66690
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Economics Posted 27 Jun 2018 My Price 6.00

digital form downloadable

A firm that sells​ e-books - books in digital form downloadable from the Internet​ - sells all​ e-books relating to​ do-it-yourself topics​ (home plumbing,​ gardening, and so​ on) at the same price. At​ present, the company can earn a maximum annual profit of ​$45,000 when it sells 15,000 copies within a​ year's time. The firm incurs a 30​-cent expense each time a consumer downloads a​ copy, but the company must spend ​$145,000 per year developing new editions of the​ e-books. The company has determined that it would earn zero economic profits if price were equal to average total​ cost, and in this case it could sell 30,000 copies. Under marginal cost​ pricing, it could sell 110,000 copies.  In the short​ run, to the nearest​ cent, what is the​ profit-maximizing price of​ e-books relating to​ do-it-yourself topics?

Answers

Maurice Tutor
(5)
Status NEW Posted 27 Jun 2018 09:06 PM My Price 6.00

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