Question: Use the template to create a spreadsheet describing Amazon s output and pricing choices with respect to the Kindle e - reader. ( Use the
Use the template to create a spreadsheet describing Amazons output and pricing choices with respect to the Kindle ereader. Use the template from Problem S with price equation: P Q and MC $ Use your solver in excel to find the combination of output and price that maximizes profit.
Next, include the extra net revenue from ebook sales, $ per Kindle. Compute this total in cell G according to the formula: B Finally, in cell H compute total profit from both Kindles and ebook sales What combination of Kindle output and price maximizes Amazons total profit? Explain why Amazon should cut its price relative to the price in part atableQuantity,Price,Revenue,Cost,ProfitxxxMRMCMPxxx
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