Pricing – Tabular approach – CIMA P2

Comments

1. Amazingchild says

   November 24, 2020 at 9:58 am

   so good!

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2. kajan81 says

   November 15, 2018 at 12:54 am

   Question in relation to pricing:

   Company is launching a new product which it expects to incur a variable cost of $14 per unit.

   If the price charged was to be $25 per unit then the demand would be 1,000 units each period. For $1 increase in selling price, demand would reduce by 100 units each period. For every $1 reduction in selling price, the demand would increase by 100 units each period.

   Calculate the selling price per unit needed to maximise profit.

   Any help will be much appreciated.

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   • immadahmed says

     February 22, 2019 at 8:30 am

     Use formula p=a-bx

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