Question: A cheese producer sells a cheddar into two segments. The linear price-demand function for each segment is defined by A1= 1,072, B1= 10 and

A cheese producer sells a cheddar into two segments. The linear price-demand

A cheese producer sells a cheddar into two segments. The linear price-demand function for each segment is defined by A1= 1,072, B1= 10 and A2= 783, B2= 6. From a production quantity of 750 Kg the manufacturer decides to allocate 550 to segment 1 and 200 to segment 2. Determine the market price for each segment. Then, what is the total revenue (both segments)?

Step by Step Solution

★★★★★

3.30 Rating (147 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Step 11 As we know the linear Demand curve formula is H... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

MONTH-END PROCEDURES-After you have recorded all the transactions, go to page 12 of the Instructions and Flowcharts book and complete all the month-end procedures. An additional month-end requirement...

The lap joint is connected together using a 1.25 in. diameter bolt. If the bolt is made from a material having a shear stressstrain diagram that is approximated as shown, determine the shear strain...

The lap joint is connected together using a 1.25 in. diameter bolt. If the bolt is made from a material having a shear stressstrain diagram that is approximated as shown, determine the permanent...

Given the following list of accounts with normal balance, prepare a Multi-Step Income Statement, a Statement of Retained Earnings, and a Classified Balance Sheet for CRN Corporation for 2012 and 2013...

A cheese producer sells a cheddar into two segments. The linear price-demand function for each segment is defined by A1= 903, B1= 9 and A2= 781, B2= 6. From a production quantity of 750 Kg the...

Responsibility Center Presentation Imagine you have been selected by your manager to present a training session to a group of new employees. The new hires do not have accounting backgrounds and have...

Answer the following questions using the annual report of Colgate in Appendix A. a. Who is responsible for the preparation and integrity of Colgate?s financial statements and notes? Where is this...

I have a attached a copy of the data used to answer the question Prepare a 2007 classified balance sheet and multistep income statement. Use the account balances from the unadjusted trial balance and...

1. Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method. 2. What do you estimate the company?s WACC? Please...

Internal Analysis Appendix C: Financial Analysis - Profitability: ( 2 ratios ) Calculate net profit margin and operating profit for last 3 years in table. Show your work. - Profitability...

Redraw the below use case diagram based on the generalization relationship concept. Reception staff Appointment System Update Patient Information >

David Shannon believes that the allocation of inventoriable costs should be based on the actual physical flow of the goods. Explain to David why this may be both impractical and inappropriate.

Which of the following best explains why some service industry firms most likely enter foreign markets through FDI? The market abroad is saturated, therefore, the other entry strategies are most...

1. Are L.G.'s clinical manifestations of inflammation local or systemic? What information supports your response? 2. What other diagnostic tests may be needed to help establish a diagnosis and why?...

Faye Bhd holds 80% of 100,000,000 ordinary shares (issued at RM 1 each) of Khush Bhd. Kiut Bhd and Sweet Bhd, two other investors, each holds 10% of the remaining shares. On 1 April 2021, Faye Bhd...

The 21,000-seat Air East Arena houses the local professional ice hockey, basketball, indoor soccer, and arena football teams as well as various trade shows, wrestling and boxing matches, tractor...

Brian and Amanda have $15,300 in medical and dental expenses, mainly from childrens orthodontic expenses. Their charitable giving for the year totaled $70. The results will be entered in the 1040...

Can the goal of maximizing the value of the stock conflict with other goals such as avoiding unethical or illegal behavior? In particular, do subjects like customer and employee safety, the...

a Question 98 1 pts Only a couple cultures have religious perspectives that counsellors must understand in order to understand clients and their world views. True False Question 99 1 pts Culturally...

A cheese producer sells a cheddar into two segments. The linear price-demand function for each segment is defined by A1= 1,072, B1= 10 and A2= 783, B2= 6. From a production quantity of 750 Kg the...

Jarlsberg cheese (www.jarlsberg.com) has been well received in the US. Nearly 60 years after entering the US it is now the imported cheese with the biggest market share of its category (Swiss-like...

Problem Statement: Implement a program with the following requirements: - 3 Milk producers - 2 Cheese producers - 1 Cheeseburger producer 3 Milk producers int Buffer _ milk [ 9 ] = \ { 0 , \ } ; / /...

Document2 - Word References Mailings Review View Help Tell me what you want to do AaBbCcDd AaBbCcDd AaBbC( AaBbCct Aa B AaBbCCD AaBbCcDd 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle...

Read the texts below carefully. Answer the questions according to the text given below and explain your answer with reasons. a) Imagine working for a manufacturing company. There is an going...

Problem 2: Consider a landowner that uses water as a primary input into the production of food. Similar to the problem above, suppose the land has a general production function of f(w) =awb/2(w^2),...