7. The company is faced with a tough decision and needs your assistance. CTR nee
ID: 2760611 • Letter: 7
Question
7. The company is faced with a tough decision and needs your assistance. CTR needs to make a profit quickly, so what price should CTR charge for its most profitable product lines. Use the following information to determine to the optimum level of production.
Given that CTR is a risk taker, utility maximizing & profit generating entity, what products should CTR supply to their customers. Choose two Product Lines between the five being offered (i.e. TL, LS, BC, BS, RFI). Give clear & concise answers, briefly explain your choices.
Product lines tiered pricing chance (acceptance) profits wealth TL $100 .2 $800 $10.5 (M) LS $95 .4 $400 6.75 (M) BC $90 .6 $200 4.25 (M) BS $85 .8 $100 3.79 (M) RFI $80 .9 $50 2.5 (M)Explanation / Answer
Use this link to get answer
https://financeaccountsonlinetutoring-ctroptimumutilization.googledrives/
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.