You work for an IT company which recently developed a software package for a hospital, and...
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You work for an IT company which recently developed a software package for a hospital, and multiple copies of the software will be installed on different computers of this hospital. The fixed cost of developing this software is $8,000. The marketing team finds that within this hospital, demand for the software is Qd 600-0.5P and that it would cost your company $1,000 per unit to install and maintain the software at each computer the software is installed on. The CEO has asked you to construct a two-part pricing strategy for this software. (A) Under a two-part pricing strategy, what is the per-unit fee? [Select] (B) Under a two-part pricing strategy, what is the fixed fee you charge the hospital? (Hint: As a "license fee" to use the software) [Select] You work for an IT company which recently developed a software package for a hospital, and multiple copies of the software will be installed on different computers of this hospital. The fixed cost of developing this software is $8,000. The marketing team finds that within this hospital, demand for the software is Qd 600-0.5P and that it would cost your company $1,000 per unit to install and maintain the software at each computer the software is installed on. The CEO has asked you to construct a two-part pricing strategy for this software. (A) Under a two-part pricing strategy, what is the per-unit fee? [Select] (B) Under a two-part pricing strategy, what is the fixed fee you charge the hospital? (Hint: As a "license fee" to use the software) [Select]
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Answer rating: 100% (QA)
Answer Given that the data as follow as Qd 600 05P or P 12... View the full answer
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
Posted Date:
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