You are the owner of QuantCrunch Corporation, a company that recently spent $15,000 to develop a statistical software pa
Posted: Sun Jun 05, 2022 4:54 pm
You are the owner of QuantCrunch Corporation, a company that
recently spent $15,000 to develop a statistical software package.
To date, you only have one client. A recent internal study revealed
that this client’s demand for your software is Qd = 300 – 0.2P and
that it would cost you $1,000 per unit to install and maintain
software at this client’s site.
Your assignment is to construct a report that
compares (1) the profit that results from charging this
client a single (profit-maximizing) per-unit price with (2) the
profit that results from charging $1,450 for the first 10 units and
$1,225 for each additional unit of software purchased.
Answer the following questions in your report:
recently spent $15,000 to develop a statistical software package.
To date, you only have one client. A recent internal study revealed
that this client’s demand for your software is Qd = 300 – 0.2P and
that it would cost you $1,000 per unit to install and maintain
software at this client’s site.
Your assignment is to construct a report that
compares (1) the profit that results from charging this
client a single (profit-maximizing) per-unit price with (2) the
profit that results from charging $1,450 for the first 10 units and
$1,225 for each additional unit of software purchased.
Answer the following questions in your report: