We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>
SEMESTER SPRING 2018
MANAGERIAL ECONOMICS (ECO404)
ASSIGNMENT DUE DATE: MAY 23, 2018
Dawlance United Refrigeration Industries Ltd. was established in 1980. It is the largest company in Pakistan engaged in appliance business. Dawlance gives sales promotion to its customers in different ways in different months of the year. Sales promotions often come in the form of discounts. Discounts impact the way consumers think and behave when shopping. Sales promotions are a great way to build year-over-year and month-over-month revenue growth. Keeping in view this objective General Manager of Marketing of Dawlance Refrigeration Industries has decided to decrease the price of refrigerators from Rs.50, 000 to Rs.30, 000 by giving 40% discounts at the end of summer season. They have estimated that this policy will increase their sales of refrigerators from 3000 to 6000.
From the above given information:
a. Estimate the demand function for the Dawlance refrigerators.
b. Either the total revenue (TR) of the Dawlance Refrigeration Industries has
increased. Give your answer by calculations of TR.
c. How should refrigerators prices be set to maximize total Refrigeration
Industries revenue? How this revenue maximizing method is useful for the company?
lets start discussion mates
+ Click Here To Join also Our facebook study Group.+ How to Join Subject Study Groups & Get Helping Material? + How to become Top Reputation, Angels, Intellectual, Featured Members & Moderators?
.+ http://bit.ly/vucodes (Link for Assignments, GDBs & Online Quizzes Solution)
+ http://bit.ly/papersvu (Link for Past Papers, Solved MCQs, Short Notes & More)+ Click Here to Search (Looking For something at vustudents.ning.com?)
Please Discuss here about this assignment.Thanks
Our main purpose here discussion not just Solution
We are here with you hands in hands to facilitate your learning and do not appreciate the idea of copying or replicating solutions. Read More>>
Discussed & be touched with this discussion. After discussion a perfect solution will come in a result at the end.
For Important Helping Material related to this subject (Solved MCQs, Short Notes, Solved past Papers, E-Books, FAQ,Short Questions Answers & more). You must view all the featured Discussion in this subject group.
For how you can view all the Featured discussions click on the Back to Subject Name Discussions link below the title of this Discussion & then under featured Discussion corner click on the view all link.
Or visit this link
Please Click on the below link to see…
P.S: Please always try to add the discussion in proper format title like “CS101 Assignment / GDB No 01 Solution & Discussion Due Date: ___________”
Guyz please discuss.!!
Kindly share solution
kindly share some idea
some one share idea about eco404 assignment
Kuch to btaoo
rozy daroooo, sochoo time kam hy
Dear Students Don’t wait for solution post your problems here and discuss ... after discussion a perfect solution will come in a result. So, Start it now, replies here give your comments according to your knowledge and understandings....
Steps in Demand Estimation
Model Specification: Identify Variables
Specify Functional Form
Testing the econometric Results
kya ye steps follow karnay First question solve karnay k liye
g ye e follow krny ha
formula koun sa use karna
koi to bata day plz