30 Apr Question: Assignment 3: Economles 3.1 Innovation Living has registered the following information about sale…
Assignment 3: Economles 3.1 Innovation Living has registered the following information about sales, prices and variable costs per unit. Determine the optimal price and quantity based on the Total Method and the Difference Method/Marginal Method Variable cost per unit 6.000 Sales Price .000s 124 110 98 95 9.250 5.550 9.750 5325 5.100 5.325 5.550 87 10.000 80 73 10.500 54 11000 6.000 10.250 10.7505.775 3.2. The variable costs increase by 10%. How does this affect the sales volume? Make the relevant calculations 3.3. Innovation Living offers the sofa bed Hermod with two lengths of legs. The expected sales for each of them are as below Calculate the optimal price for each of them and the total profit. Here the average variable costs are set at 5.000 DKK and have a proportional development Price Sales of Hermod with 18-cm legs Sales of Hermod with 22-cm legs
calculations. 65 10.000 35 10.750 -generation Jones and the sofa bed Hermod
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