Professional Documents
Culture Documents
04
price demand demand 49.39535
low price $ 1.50 60 profit $ 56.24
medium price $ 2.00 51
high price $ 2.50 20
Chapstick demand
70
60
50 f(x) = − 44.0000000000001 x² + 136 x − 45.0000000000002
demand
demand
40 R² = 1
Polynomial
30 (demand)
20
10
0
1.4 1.6 1.8 2 2.2 2.4 2.6
price
02
demand
Polynomial
(demand)
unit cost 0.9 Price 2.038487
price demand Demand 49.39535
low price $ 1.50 60 Profit 56.23596
medium pr $ 2.00 51
high price $ 2.50 20
Axis Title
40
30
20
10
0
1.4 1.6 1.8
demand
Axis Title
unit cost 0.9
price demand
low price $ 1.50 60
medium pr $ 2.00 51
high price $ 2.50 20
A B C D E F G
1
2 Demand = 1500-10*price
3
4 price demand
5 100 500
6 101 490
7
8
Linear demand curve
9
10 505
11 500
Demand
12 f(x) = − 10 x + 1500
495
13 demand
490
14 Linear
485
15 (demand)
99.5 100 100.5 101 101.5
16
17 Price
18
A B C D E F G H I J K L M N O P Q
1
2
3 Product 1 2 3 4 5 6 7 total 3413.6964
4 Price 74.35303 35 82.159 69.9942 69.99101 69.9912675 89.9452
5 Internet Internet
Internet TV Cell Phone Internet TV Cell +TV +Cell TV+Cell All 3 max surp bought? revenue
6 $3.50 $7.00 $3.50 -70.85 -28 -78.66 -59.4942 -62.99101 -59.491267 -75.945 -27.9987 0 0
7 $17.50 $35.00 $3.50 -56.85303 0 -78.66 -17.4942 -48.99101 -31.491267 -33.945 0.0012996 2 34.9987
8 $28.00 $28.00 $49.00 -46.35303 -7 -33.16 -13.9942 7.008987 7.0087325 15.0548 15.054824 7 89.945176 Product Frequency
9 $70.00 $70.00 $0.00 -4.353033 35 -82.16 70.0058 0.008987 0.0087325 50.0548 70.005764 4 69.994236 0 25
10 $0.00 $7.00 $14.00 -74.35303 -28 -68.16 -62.9942 -55.99101 -48.991267 -68.945 -27.9987 0 0 1 0
11 $0.00 $70.00 $0.00 -74.35303 35 -82.16 0.00576 -69.99101 0.0087325 -19.945 35.0013 2 34.9987 2 19
12 $21.00 $35.00 $10.50 -53.35303 0 -71.66 -13.9942 -38.49101 -24.491267 -23.445 0.0012996 2 34.9987 3 0
13 $7.00 $21.00 $0.00 -67.35303 -14 -82.16 -41.9942 -62.99101 -48.991267 -61.945 -13.9987 0 0 4 8
14 $5.25 $7.00 $2.10 -69.10303 -28 -80.06 -57.7442 -62.64101 -60.891267 -75.595 -27.9987 0 0 5 2
15 $21.00 $28.00 $28.00 -53.35303 -7 -54.16 -20.9942 -20.99101 -13.991267 -12.945 -6.9987 0 0 6 1
16 $35.00 $49.00 $21.00 -39.35303 14 -61.16 14.0058 -13.99101 0.0087325 15.0548 15.054824 7 89.945176 7 22
17 $21.00 $21.00 $21.00 -53.35303 -14 -61.16 -27.9942 -27.99101 -27.991267 -26.945 -13.9987 0 0
18 $14.00 $35.00 $21.00 -60.35303 0 -61.16 -20.9942 -34.99101 -13.991267 -19.945 0.0012996 2 34.9987
19 $14.00 $35.00 $14.00 -60.35303 0 -68.16 -20.9942 -41.99101 -20.991267 -26.945 0.0012996 2 34.9987
20 $70.00 $0.00 $49.00 -4.353033 -35 -33.16 0.00576 49.00899 -20.991267 29.0548 49.008987 5 69.991013
21 $7.00 $35.00 $14.00 -67.35303 0 -68.16 -27.9942 -48.99101 -20.991267 -33.945 0.0012996 2 34.9987
22 $21.00 $35.00 $42.00 -53.35303 0 -40.16 -13.9942 -6.991013 7.0087325 8.05482 8.0548243 7 89.945176
23 $20.65 $34.65 $34.65 -53.70303 -0.35 -47.51 -14.6942 -14.69101 -0.6912675 0.00482 0.0048243 7 89.945176
24 $1.75 $21.00 $0.00 -72.60303 -14 -82.16 -47.2442 -68.24101 -48.991267 -67.195 -13.9987 0 0
25 $21.00 $17.50 $21.00 -53.35303 -17 -61.16 -31.4942 -27.99101 -31.491267 -30.445 -17.4987 0 0
26 $27.65 $34.65 $41.65 -46.70303 -0.35 -40.51 -7.69424 -0.691013 6.3087325 14.0048 14.004824 7 89.945176
27 $7.00 $0.00 $28.00 -67.35303 -35 -54.16 -62.9942 -34.99101 -41.991267 -54.945 -34.99101 0 0
28 $21.00 $35.00 $10.50 -53.35303 0 -71.66 -13.9942 -38.49101 -24.491267 -23.445 0.0012996 2 34.9987
29 $27.65 $69.65 $27.65 -46.70303 34.7 -54.51 27.3058 -14.69101 27.3087325 35.0048 35.004824 7 89.945176
30 $35.00 $70.00 $35.00 -39.35303 35 -47.16 35.0058 0.008987 35.0087325 50.0548 50.054824 7 89.945176
31 $14.00 $35.00 $7.00 -60.35303 0 -75.16 -20.9942 -48.99101 -27.991267 -33.945 0.0012996 2 34.9987
32 $21.00 $35.00 $28.00 -53.35303 0 -54.16 -13.9942 -20.99101 -6.9912675 -5.9452 0.0012996 2 34.9987
33 $7.00 $70.00 $0.00 -67.35303 35 -82.16 7.00576 -62.99101 0.0087325 -12.945 35.0013 2 34.9987
34 $3.50 $7.00 $10.50 -70.85303 -28 -71.66 -59.4942 -55.99101 -52.491267 -68.945 -27.9987 0 0
35 $0.00 $21.00 $14.00 -74.35303 -14 -68.16 -48.9942 -55.99101 -34.991267 -54.945 -13.9987 0 0
36 $21.00 $56.00 $35.00 -53.35303 21 -47.16 7.00576 -13.99101 21.0087325 22.0548 22.054824 7 89.945176
37 $49.00 $105.00 $0.00 -25.35303 70 -82.16 84.0058 -20.99101 35.0087325 64.0548 84.005764 4 69.994236
38 $70.00 $70.00 $140.00 -4.353033 35 57.841 70.0058 140.009 140.008733 190.055 190.05482 7 89.945176
39 $21.00 $105.00 $14.00 -53.35303 70 -68.16 56.0058 -34.99101 49.0087325 50.0548 70.0013 2 34.9987
40 $21.00 $35.00 $14.00 -53.35303 0 -68.16 -13.9942 -34.99101 -20.991267 -19.945 0.0012996 2 34.9987
41 $0.00 $140.00 $0.00 -74.35303 105 -82.16 70.0058 -69.99101 70.0087325 50.0548 105.0013 2 34.9987
42 $0.00 $35.00 $0.00 -74.35303 0 -82.16 -34.9942 -69.99101 -34.991267 -54.945 0.0012996 2 34.9987
43 $7.00 $35.00 $21.00 -67.35303 0 -61.16 -27.9942 -41.99101 -13.991267 -26.945 0.0012996 2 34.9987
44 $35.00 $35.00 $35.00 -39.35303 0 -47.16 0.00576 0.008987 0.0087325 15.0548 15.054824 7 89.945176
45 $21.00 $31.50 $17.50 -53.35303 -3.5 -64.66 -17.4942 -31.49101 -20.991267 -19.945 -3.4987 0 0
46 $7.00 $21.00 $7.00 -67.35303 -14 -75.16 -41.9942 -55.99101 -41.991267 -54.945 -13.9987 0 0
47 $35.00 $35.00 $35.00 -39.35303 0 -47.16 0.00576 0.008987 0.0087325 15.0548 15.054824 7 89.945176
48 $28.00 $70.00 $70.00 -46.35303 35 -12.16 28.0058 28.00899 70.0087325 78.0548 78.054824 7 89.945176
49 $21.00 $0.00 $14.00 -53.35303 -35 -68.16 -48.9942 -34.99101 -55.991267 -54.945 -34.99101 0 0
50 $35.00 $35.00 $35.00 -39.35303 0 -47.16 0.00576 0.008987 0.0087325 15.0548 15.054824 7 89.945176
51 $35.00 $49.00 $21.00 -39.35303 14 -61.16 14.0058 -13.99101 0.0087325 15.0548 15.054824 7 89.945176
52 $70.00 $70.00 $35.00 -4.353033 35 -47.16 70.0058 35.00899 35.0087325 85.0548 85.054824 7 89.945176
53 $5.25 $17.50 $8.75 -69.10303 -17 -73.41 -47.2442 -55.99101 -43.741267 -58.445 -17.4987 0 0
54 $0.00 $35.00 $0.00 -74.35303 0 -82.16 -34.9942 -69.99101 -34.991267 -54.945 0.0012996 2 34.9987
55 $21.00 $35.00 $35.00 -53.35303 0 -47.16 -13.9942 -13.99101 0.0087325 1.05482 1.0548243 7 89.945176
56 $24.50 $14.00 $14.00 -49.85303 -21 -68.16 -31.4942 -31.49101 -41.991267 -37.445 -20.9987 0 0
57 $24.50 $35.00 $24.50 -49.85303 0 -57.66 -10.4942 -20.99101 -10.491267 -5.9452 0.0012996 2 34.9987
58 $21.00 $35.00 $52.50 -53.35303 0 -29.66 -13.9942 3.508987 17.5087325 18.5548 18.554824 7 89.945176
59 $35.00 $21.00 $70.00 -39.35303 -14 -12.16 -13.9942 35.00899 21.0087325 36.0548 36.054824 7 89.945176
60 $7.00 $7.00 $14.00 -67.35303 -28 -68.16 -55.9942 -48.99101 -48.991267 -61.945 -27.9987 0 0
61 $7.00 $7.00 $7.00 -67.35303 -28 -75.16 -55.9942 -55.99101 -55.991267 -68.945 -27.9987 0 0
62 $35.00 $0.00 $35.00 -39.35303 -35 -47.16 -34.9942 0.008987 -34.991267 -19.945 0.0089873 5 69.991013
63 $175.00 $210.00 $0.00 100.647 175 -82.16 315.006 105.009 140.008733 295.055 315.00576 4 69.994236
64 $14.00 $0.00 $0.00 -60.35303 -35 -82.16 -55.9942 -55.99101 -69.991267 -75.945 -34.9987 0 0
65 $35.00 $49.00 $14.00 -39.35303 14 -68.16 14.0058 -20.99101 -6.9912675 8.05482 14.005764 4 69.994236
66 $10.50 $7.00 $7.00 -63.85303 -28 -75.16 -52.4942 -52.49101 -55.991267 -65.445 -27.9987 0 0
67 $7.00 $14.00 $3.50 -67.35303 -21 -78.66 -48.9942 -59.49101 -52.491267 -65.445 -20.9987 0 0
68 $175.00 $350.00 $70.00 100.647 315 -12.16 455.006 175.009 350.008733 505.055 505.05482 7 89.945176
69 $0.00 $14.00 $14.00 -74.35303 -21 -68.16 -55.9942 -55.99101 -41.991267 -61.945 -20.9987 0 0
70 $12.25 $35.00 $0.00 -62.10303 0 -82.16 -22.7442 -57.74101 -34.991267 -42.695 0.0012996 2 34.9987
71 $35.00 $42.00 $42.00 -39.35303 7 -40.16 7.00576 7.008987 14.0087325 29.0548 29.054824 7 89.945176
72 $35.00 $56.00 $0.00 -39.35303 21 -82.16 21.0058 -34.99101 -13.991267 1.05482 21.005764 4 69.994236
73 $35.00 $42.00 $0.00 -39.35303 7 -82.16 7.00576 -34.99101 -27.991267 -12.945 7.0057635 4 69.994236
74 $42.00 $52.50 $7.00 -32.35303 17.5 -75.16 24.5058 -20.99101 -10.491267 11.5548 24.505764 4 69.994236
75 $21.00 $21.00 $7.00 -53.35303 -14 -75.16 -27.9942 -41.99101 -41.991267 -40.945 -13.9987 0 0
76 $27.65 $48.65 $27.65 -46.70303 13.7 -54.51 6.30576 -14.69101 6.3087325 14.0048 14.004824 7 89.945176
77 $0.00 $56.00 $35.00 -74.35303 21 -47.16 -13.9942 -34.99101 21.0087325 1.05482 21.008733 6 69.991267
78 $0.00 $7.00 $0.00 -74.35303 -28 -82.16 -62.9942 -69.99101 -62.991267 -82.945 -27.9987 0 0
79 $35.00 $35.00 $56.00 -39.35303 0 -26.16 0.00576 21.00899 21.0087325 36.0548 36.054824 7 89.945176
80 $21.00 $28.00 $28.00 -53.35303 -7 -54.16 -20.9942 -20.99101 -13.991267 -12.945 -6.9987 0 0
81 $0.00 $42.00 $7.00 -74.35303 7 -75.16 -27.9942 -62.99101 -20.991267 -40.945 7.0012996 2 34.9987
82 $35.00 $35.00 $1.75 -39.35303 0 -80.41 0.00576 -33.24101 -33.241267 -18.195 0.0057635 4 69.994236
A B C D E F G H I J K L M N O P Q
1
2
3 1 2 3 4 5 6 7 total 3413.9
4 Price 47.415 35 67.866 70 70 70 89.94999998
5 Interne Internet Internet
Internet TV Cell Phonet TV Cell +TV +Cell TV+Cell All 3 max surp bought? revenue
6 $3.50 $7.00 $3.50 -43.915 -28 -64.37 -59.5 -63 -59.5 -75.95 -28 0 0
7 $17.50 $35.00 $3.50 -29.915 ### -64.37 -17.5 -49 -31.5 -33.95 1.39E-09 2 35
8 $28.00 $28.00 $49.00 -19.415 -7 -18.87 -14 7.0000006 7 15.05000002 15.05 7 89.95 Product Frequency
9 $70.00 $70.00 $0.00 22.585 35 -67.87 70 6.011E-07 5.3E-08 50.05000002 70 4 70 0 25
10 $0.00 $7.00 $14.00 -47.415 -28 -53.87 -63 -56 -49 -68.95 -28 0 0 1 0
11 $0.00 $70.00 $0.00 -47.415 35 -67.87 1.9E-08 -70 5.3E-08 -19.95 35 2 35 2 19
12 $21.00 $35.00 $10.50 -26.415 ### -57.37 -14 -38.5 -24.5 -23.45 1.39E-09 2 35 3 0
13 $7.00 $21.00 $0.00 -40.415 -14 -67.87 -42 -63 -49 -61.95 -14 0 0 4 8
14 $5.25 $7.00 $2.10 -42.165 -28 -65.77 -57.75 -62.65 -60.9 -75.6 -28 0 0 5 2
15 $21.00 $28.00 $28.00 -26.415 -7 -39.87 -21 -21 -14 -12.95 -7 0 0 6 1
16 $35.00 $49.00 $21.00 -12.415 14 -46.87 14 -14 5.3E-08 15.05000002 15.05 7 89.95 7 22
17 $21.00 $21.00 $21.00 -26.415 -14 -46.87 -28 -28 -28 -26.95 -14 0 0
18 $14.00 $35.00 $21.00 -33.415 ### -46.87 -21 -35 -14 -19.95 1.39E-09 2 35
19 $14.00 $35.00 $14.00 -33.415 ### -53.87 -21 -42 -21 -26.95 1.39E-09 2 35
20 $70.00 $0.00 $49.00 22.585 -35 -18.87 1.9E-08 49 -21 29.05000002 49 5 70
21 $7.00 $35.00 $14.00 -40.415 ### -53.87 -28 -49 -21 -33.95 1.39E-09 2 35
22 $21.00 $35.00 $42.00 -26.415 ### -25.87 -14 -7 7 8.050000021 8.05 7 89.95
23 $20.65 $34.65 $34.65 -26.765 -0.35 -33.22 -14.7 -14.7 -0.7 2.09865E-08 2.099E-08 7 89.95
24 $1.75 $21.00 $0.00 -45.665 -14 -67.87 -47.25 -68.25 -49 -67.2 -14 0 0
25 $21.00 $17.50 $21.00 -26.415 -17 -46.87 -31.5 -28 -31.5 -30.45 -17.5 0 0
26 $27.65 $34.65 $41.65 -19.765 -0.35 -26.22 -7.7 -0.699999 6.3 14 14 7 89.95
27 $7.00 $0.00 $28.00 -40.415 -35 -39.87 -63 -35 -42 -54.95 -35 0 0
28 $21.00 $35.00 $10.50 -26.415 ### -57.37 -14 -38.5 -24.5 -23.45 1.39E-09 2 35
29 $27.65 $69.65 $27.65 -19.765 34.65 -40.22 27.3 -14.7 27.3 35 35 7 89.95
30 $35.00 $70.00 $35.00 -12.415 35 -32.87 35 6.011E-07 35 50.05000002 50.05 7 89.95
31 $14.00 $35.00 $7.00 -33.415 ### -60.87 -21 -49 -28 -33.95 1.39E-09 2 35
32 $21.00 $35.00 $28.00 -26.415 ### -39.87 -14 -21 -7 -5.94999998 1.39E-09 2 35
33 $7.00 $70.00 $0.00 -40.415 35 -67.87 7 -63 5.3E-08 -12.95 35 2 35
34 $3.50 $7.00 $10.50 -43.915 -28 -57.37 -59.5 -56 -52.5 -68.95 -28 0 0
35 $0.00 $21.00 $14.00 -47.415 -14 -53.87 -49 -56 -35 -54.95 -14 0 0
36 $21.00 $56.00 $35.00 -26.415 21 -32.87 7 -14 21 22.05000002 22.05 7 89.95
37 $49.00 $105.00 $0.00 1.5854 70 -67.87 84 -21 35 64.05000002 84 4 70
38 $70.00 $70.00 $140.00 22.585 35 72.134 70 140 140 190.05 190.05 7 89.95
39 $21.00 $105.00 $14.00 -26.415 70 -53.87 56 -35 49 50.05000002 70 2 35
40 $21.00 $35.00 $14.00 -26.415 ### -53.87 -14 -35 -21 -19.95 1.39E-09 2 35
41 $0.00 $140.00 $0.00 -47.415 105 -67.87 70 -70 70 50.05000002 105 2 35
42 $0.00 $35.00 $0.00 -47.415 ### -67.87 -35 -70 -35 -54.95 1.39E-09 2 35
43 $7.00 $35.00 $21.00 -40.415 ### -46.87 -28 -42 -14 -26.95 1.39E-09 2 35
44 $35.00 $35.00 $35.00 -12.415 ### -32.87 1.9E-08 6.011E-07 5.3E-08 15.05000002 15.05 7 89.95
45 $21.00 $31.50 $17.50 -26.415 -3.5 -50.37 -17.5 -31.5 -21 -19.95 -3.5 0 0
46 $7.00 $21.00 $7.00 -40.415 -14 -60.87 -42 -56 -42 -54.95 -14 0 0
47 $35.00 $35.00 $35.00 -12.415 ### -32.87 1.9E-08 6.011E-07 5.3E-08 15.05000002 15.05 7 89.95
48 $28.00 $70.00 $70.00 -19.415 35 2.1339 28 28 70 78.05000002 78.05 7 89.95
49 $21.00 $0.00 $14.00 -26.415 -35 -53.87 -49 -35 -56 -54.95 -26.41464 0 0
50 $35.00 $35.00 $35.00 -12.415 ### -32.87 1.9E-08 6.011E-07 5.3E-08 15.05000002 15.05 7 89.95
51 $35.00 $49.00 $21.00 -12.415 14 -46.87 14 -14 5.3E-08 15.05000002 15.05 7 89.95
52 $70.00 $70.00 $35.00 22.585 35 -32.87 70 35 35 85.05000002 85.05 7 89.95
53 $5.25 $17.50 $8.75 -42.165 -17 -59.12 -47.25 -56 -43.75 -58.45 -17.5 0 0
54 $0.00 $35.00 $0.00 -47.415 ### -67.87 -35 -70 -35 -54.95 1.39E-09 2 35
55 $21.00 $35.00 $35.00 -26.415 ### -32.87 -14 -14 5.3E-08 1.050000021 1.05 7 89.95
56 $24.50 $14.00 $14.00 -22.915 -21 -53.87 -31.5 -31.5 -42 -37.45 -21 0 0
57 $24.50 $35.00 $24.50 -22.915 ### -43.37 -10.5 -21 -10.5 -5.94999998 1.39E-09 2 35
58 $21.00 $35.00 $52.50 -26.415 ### -15.37 -14 3.5000006 17.5 18.55000002 18.55 7 89.95
59 $35.00 $21.00 $70.00 -12.415 -14 2.1339 -14 35 21 36.05000002 36.05 7 89.95
60 $7.00 $7.00 $14.00 -40.415 -28 -53.87 -56 -49 -49 -61.95 -28 0 0
61 $7.00 $7.00 $7.00 -40.415 -28 -60.87 -56 -56 -56 -68.95 -28 0 0
62 $35.00 $0.00 $35.00 -12.415 -35 -32.87 -35 6.011E-07 -35 -19.95 6.011E-07 5 70
63 $175.00 $210.00 $0.00 127.59 175 -67.87 315 105 140 295.05 315 4 70
64 $14.00 $0.00 $0.00 -33.415 -35 -67.87 -56 -56 -70 -75.95 -33.41464 0 0
65 $35.00 $49.00 $14.00 -12.415 14 -53.87 14 -21 -7 8.050000021 14 4 70
66 $10.50 $7.00 $7.00 -36.915 -28 -60.87 -52.5 -52.5 -56 -65.45 -28 0 0
67 $7.00 $14.00 $3.50 -40.415 -21 -64.37 -49 -59.5 -52.5 -65.45 -21 0 0
68 $175.00 $350.00 $70.00 127.59 315 2.1339 455 175 350 505.05 505.05 7 89.95
69 $0.00 $14.00 $14.00 -47.415 -21 -53.87 -56 -56 -42 -61.95 -21 0 0 Penalty dev penalty
70 $12.25 $35.00 $0.00 -35.165 ### -67.87 -22.75 -57.75 -35 -42.7 1.39E-09 2 35 TV-(I+TV) -35 0
71 $35.00 $42.00 $42.00 -12.415 7 -25.87 7 7.0000006 14 29.05000002 29.05 7 89.95 I-(I+TV) -22.58536 0
72 $35.00 $56.00 $0.00 -12.415 21 -67.87 21 -35 -14 1.050000021 21 4 70 Cell-(I+Cell) -2.133878 0
73 $35.00 $42.00 $0.00 -12.415 7 -67.87 7 -35 -28 -12.95 7 4 70 I-(I+C) -22.58536 0
74 $42.00 $52.50 $7.00 -5.4146 17.5 -60.87 24.5 -21 -10.5 11.55000002 24.5 4 70 TV-(TV+Cell) -35 0
75 $21.00 $21.00 $7.00 -26.415 -14 -60.87 -28 -42 -42 -40.95 -14 0 0 Cell-(TV+Cell) -2.133879 0
76 $27.65 $48.65 $27.65 -19.765 13.65 -40.22 6.3 -14.7 6.3 14 14 7 89.95 (I+TV)-All -19.95 0
77 $0.00 $56.00 $35.00 -47.415 21 -32.87 -14 -35 21 1.050000021 21 6 70 (I+C)-All -19.95 0
78 $0.00 $7.00 $0.00 -47.415 -28 -67.87 -63 -70 -63 -82.95 -28 0 0 (TV+Cell)-All -19.95 0
79 $35.00 $35.00 $56.00 -12.415 ### -11.87 1.9E-08 21 21 36.05000002 36.05 7 89.95 TV-All -54.95 0
80 $21.00 $28.00 $28.00 -26.415 -7 -39.87 -21 -21 -14 -12.95 -7 0 0 Cell-All -22.08388 0
81 $0.00 $42.00 $7.00 -47.415 7 -60.87 -28 -63 -21 -40.95 7 2 35 I-All -42.53536 0
82 $35.00 $35.00 $1.75 -12.415 ### -66.12 1.9E-08 -33.25 -33.25 -18.2 1.901E-08 4 70 Total 0
A B C D E F G H I
1
2 a
3 5000000
4 price demand Use goal seek
5 100 500 Set cell E5 to 500 by changing
6 e3
7 Price Demand
8 50 2000
9 Power demand curve 60 1388.8889
10 70 1020.4082
2500
11 80 781.25
2000
12 f(x) = 5000000 x^-2 90 617.28395
demand
1500
13 100 500
1000 Demand
14 110 413.22314
500
15 Power 120 347.22222
0 (Demand)
16 130 295.85799
40 60 80 100 120 140 160
17 140 255.10204
18 price 150 222.22222
19
J
1
2
3
4
cell E5 to 500 5by changing
6
7
8
9
10
11
12
13
14
15
16
17
18
19
price demand
5 6
5.05 5.88
6 Demand
ChartofTitle
razors
6 6.02
price $ 4.80
5.8 6
demand 6.48
profit $ 17.50
5.8 5.98 f(x) = − 2.40000000000001 x + 18.00000000
5.6
5.96
5.6 5.94
5.4
demand
5.92
5.2
5.4 5.9
5 5.88
5.2
5.86
4.8 5.84
5
4.6 5.82
4.99 5 5.01 5.02 5.03 5.04 5.05
4.8
4.4 price
0.8 1 1.2 1.4 1.6 1.8 2
4.6 demand
Row 3 Row
Linear
4 (demand)
4.8 5 5.2 5.4 5.6 5.8 6
hart
nd ofTitle
razors
000000001 x + 18.0000000000001
demand
blades per razor 50 5.9 demand
profit per blade $ 0.15 5.85
Linear
price $ 1.00 5.8 (demand)
demand 15.6 4.99 5 5.01 5.02 5.03 5.04 5.05 5.06
profit $ 101.40 price
0000000000001
demand
Linear
(demand)
price demand
5 6
5.05 5.88 Demand for razors
6.05
unit cost $ 2.00 6
f(x) = − 2.40000000000001 x + 18.0000000000001
5.95
demand
demand
5.9
Linear (demand)
price $ 4.75 5.85
demand 6.6 5.8
4.99 5 5.015.025.035.045.055.06
profit $ 18.15
price
Demand for Razors
6.02
6
+ 18.0000000000001 f(x) = − 2.40000000000001 x + 18.0000000000001
demand 5.98
Linear (demand) 5.96
5.94
Demand
5.92
5.9
5.88
5.86
5.84
5.82
4.99 5 5.01 5.02 5.03 5.04 5.05 5.06
Price
demand Linear (demand)
price demand
5 6 Demand for razors
5.05 5.88 6.05
6
f(x) = − 2.40000000000001 x + 18.0000000000001
unit cost $ 2.00 5.95
demand
blades per razor 50 5.9 demand
profit per blade $ 0.15 5.85
Linear
price $ 1.00 5.8 (demand)
demand 15.6 4.99 5 5.01 5.02 5.03 5.04 5.05 5.06
profit $ 101.40 price
0000000000001
demand
Linear
(demand)
price $6.00
demand 8
unit cost $2.00
profit $32.00
A B C D E F G H I J K L M N O P Q R
1 p = 10 - q/2 cutoff 7 unit bought 16 cutoff 5 Units bought 16
2 cost HP 11 revenue 95 HP 14.304217 Revenue $ 95.00
3 2 LP 2 Prod cost 32 LP 2.2253005 Prod Cost $ 32.00
4 Max surplus 1 Max surplus 0.00061174459
5 Midpoint Unit Value Cum Valueprice paid surplus Profit Price paid Surplus Profit
6 0.5 1 9.75 9.75 11 -1.25 63 14.3042166516 -4.5542166516 $ 63.00
7 1.5 2 9.25 19 22 -3 28.6084333032 -9.6084333032
8 2.5 3 8.75 27.75 33 -5.25 42.9126499547 -15.162649955
9 3.5 4 8.25 36 44 -8 57.2168666063 -21.216866606
10 4.5 5 7.75 43.75 55 -11.25 71.5210832579 -27.771083258
11 5.5 6 7.25 51 66 -15 73.7463837122 -22.746383712
12 6.5 7 6.75 57.75 77 -19.25 75.9716841665 -18.221684167
13 7.5 8 6.25 64 79 -15 78.1969846209 -14.196984621
14 8.5 9 5.75 69.75 81 -11.25 80.4222850752 -10.672285075
15 9.5 10 5.25 75 83 -8 82.6475855295 -7.6475855295
16 10.5 11 4.75 79.75 85 -5.25 84.8728859838 -5.1228859838
17 11.5 12 4.25 84 87 -3 87.0981864381 -3.0981864381
18 12.5 13 3.75 87.75 89 -1.25 89.3234868925 -1.5734868925
19 13.5 14 3.25 91 91 0 91.5487873468 -0.5487873468
20 14.5 15 2.75 93.75 93 0.75 93.7740878011 -0.0240878011
21 15.5 16 2.25 96 95 1.0 95.9993882554 0.00061174459
22 16.5 17 1.75 97.75 97 0.75 98.2246887097 -0.4746887097
23 17.5 18 1.25 99 99 0 100.449989164 -1.449989164
24 18.5 19 0.75 99.75 101 -1.25 102.675289618 -2.9252896184
25 19.5 20 0.25 100 103 -3 104.900590073 -4.9005900727
A B C D E F G H I J
1 cutoff 5 Units bought 16
2 cost HP 14.3042166515815 Revenue $ 96.00
3 2 LP 2.22530045431833 Prod Cost $ 32.00
4 Max surplus 0.00061174459
5 Midpoint Unit Value Cumulative Value Price paid Surplus Profit
6 0.5 1 9.75 9.75 14.3042166516 -4.5542166516 $ 64.00
7 1.5 2 9.25 19 28.6084333032 -9.6084333032
8 2.5 3 8.75 27.75 42.9126499547 -15.162649955
9 3.5 4 8.25 36 57.2168666063 -21.216866606
10 4.5 5 7.75 43.75 71.5210832579 -27.771083258
11 5.5 6 7.25 51 73.7463837122 -22.746383712
12 6.5 7 6.75 57.75 75.9716841665 -18.221684167
13 7.5 8 6.25 64 78.1969846209 -14.196984621
14 8.5 9 5.75 69.75 80.4222850752 -10.672285075
15 9.5 10 5.25 75 82.6475855295 -7.6475855295
16 10.5 11 4.75 79.75 84.8728859838 -5.1228859838
17 11.5 12 4.25 84 87.0981864381 -3.0981864381
18 12.5 13 3.75 87.75 89.3234868925 -1.5734868925
19 13.5 14 3.25 91 91.5487873468 -0.5487873468
20 14.5 15 2.75 93.75 93.7740878011 -0.0240878011
21 15.5 16 2.25 96 95.9993882554 0.00061174459
22 16.5 17 1.75 97.75 98.2246887097 -0.4746887097
23 17.5 18 1.25 99 100.449989164 -1.449989164
24 18.5 19 0.75 99.75 102.675289618 -2.9252896184
25 19.5 20 0.25 100 104.900590073 -4.9005900727
A B C D E F G H I J
1 cutoff 15 Units bought 16
2 cost HP 16.796088 Revenue $ 96.00
3 2 LP 5.999873 Prod Cost $ 32.00
4 Max surplus 0.00203156148
5 Midpoint Unit Value Cum ValuePrice paid Surplus Profit
6 0.5 1 9.75 9.75 16.7960878759 -7.0460878759 $ 64.00
7 1.5 2 9.25 19 33.5921757517 -14.592175752
8 2.5 3 8.75 27.75 50.3882636276 -22.638263628
9 3.5 4 8.25 36 67.1843515034 -31.184351503
10 4.5 5 7.75 43.75 83.9804393793 -40.230439379
11 5.5 6 7.25 51 100.776527255 -49.776527255
12 6.5 7 6.75 57.75 117.572615131 -59.822615131
13 7.5 8 6.25 64 134.368703007 -70.368703007
14 8.5 9 5.75 69.75 151.164790883 -81.414790883
15 9.5 10 5.25 75 167.960878759 -92.960878759
16 10.5 11 4.75 79.75 184.756966634 -105.00696663
17 11.5 12 4.25 84 201.55305451 -117.55305451
18 12.5 13 3.75 87.75 218.349142386 -130.59914239
19 13.5 14 3.25 91 235.145230262 -144.14523026
20 14.5 15 2.75 93.75 251.941318138 -158.19131814
21 15.5 16 2.25 96 95.9979684385 0.00203156148
22 16.5 17 1.75 97.75 101.997841466 -4.2478414659
23 17.5 18 1.25 99 107.997714493 -8.9977144933
24 18.5 19 0.75 99.75 113.997587521 -14.247587521
25 19.5 20 0.25 100 119.997460548 -19.997460548
A B C D E F G H I J
1 0 Units bought 16
2 cost Fixed 60.57433887 Revenue $ 96.00
3 2 var 2.214067061 Prod Cost $ 32.00
4 Max surplus 0.00058815826
5 Midpoint Unit Value Cum Value Price paid Surplus Profit
6 0.5 1 9.75 9.75 62.7884059272 -53.038405927 $ 64.00
7 1.5 2 9.25 19 65.0024729882 -46.002472988
8 2.5 3 8.75 27.75 67.2165400491 -39.466540049
9 3.5 4 8.25 36 69.4306071101 -33.43060711
10 4.5 5 7.75 43.75 71.6446741711 -27.894674171
11 5.5 6 7.25 51 73.858741232 -22.858741232
12 6.5 7 6.75 57.75 76.072808293 -18.322808293
13 7.5 8 6.25 64 78.286875354 -14.286875354
14 8.5 9 5.75 69.75 80.5009424149 -10.750942415
15 9.5 10 5.25 75 82.7150094759 -7.7150094759
16 10.5 11 4.75 79.75 84.9290765369 -5.1790765369
17 11.5 12 4.25 84 87.1431435979 -3.1431435979
18 12.5 13 3.75 87.75 89.3572106588 -1.6072106588
19 13.5 14 3.25 91 91.5712777198 -0.5712777198
20 14.5 15 2.75 93.75 93.7853447808 -0.0353447808
21 15.5 16 2.25 96 95.9994118417 0.00058815826
22 16.5 17 1.75 97.75 98.2134789027 -0.4634789027
23 17.5 18 1.25 99 100.427545964 -1.4275459637
24 18.5 19 0.75 99.75 102.641613025 -2.8916130246
25 19.5 20 0.25 100 104.855680086 -4.8556800856
A B C D E F
1 Skimming
2
3 Year Price Left<= Unit sales Revenue
4 0 100
5 1 $ 92.00 91 9 828
6 2 $ 83.00 82 9 747
7 3 $ 74.00 73 9 666
8 4 $ 65.00 64 9 585
9 5 $ 56.00 55 9 504
10 6 $ 47.00 46 9 423
11 7 $ 38.00 37 9 342
12 8 $ 29.00 28 9 261
13 9 $ 20.00 19 9 180
14 10 $ 10.00 9 10 100
15 total 4636
A B C D E F
1 Skimming
2
3 Year Price Left<= Unit sales Revenue
4 0 100
5 1 $ 92.00 91 9 828
6 2 $ 83.00 82 9 747
7 3 $ 74.00 73 9 666
8 4 $ 65.00 64 9 585
9 5 $ 56.00 55 9 504
10 6 $ 46.00 45 10 460
11 7 $ 37.00 36 9 333
12 8 $ 27.00 26 10 270
13 9 $ 18.00 17 9 162
14 10 $ 9.00 8 9 81
15 Total 4636
2% of market
Customer Value
1 323
2 151
3 534
4 378
5 358
6 284
7 50 600
8 113
9 225 500 f(x) = − 50.48484
10 456
400
300
Price Demand Price
323 5 323 200
151 8 151
534 1 534 100
378 3 378
0
358 4 358 0 2 4
284 6 284
50 10 50
113 9 113
225 7 225
456 2 456
Price
0
0 Price
Linear (Price)
0
0
0 2 4 6 8 10 12
price=564.87-50.49quantity
p=565-50q
q=(565-p)/50
q=565-p
q=565-p
price $282.50
demand 282.500001
revenue $79,806.25
q=565-p For
all customers >=high charge high
rest charge low
high $376.67
low $188.33
highdemand 188.3336603
lowdemand 188.3334489
highrevenue $70,938.95
Lowrevenue $35,469.38
Totalrevenue $106,408.33
ers >=high charge high
q=565-p
All customers >=high charge high
rest charge low
high $415.00
low $265.00
highdemand 150
lowdemand 150
highrevenue $62,250.00
Lowrevenue $39,750.00
Totalrevenue $102,000.00
capacity
total buying 300 <= 300
All customers >=high charge high
rest charge low
Total profit generated by one customer over their lifetime.
Month 1 2 3
intercept 300 300 300
slope -1 -1.3 -1.8 total sold
price $162.20 $127.58 $95.53 400
demand 137.804879 134.14634084 128.04878043
revenue $22,351.28 $17,114.35 $12,232.30
total revenue
$51,697.94
available
<= 400
Maximize Profit
Dynamic Pricing
cost $100.00
Month 1 2 3
intercept 300 300 300
slope -1 -1.3 -1.8 total
price $200.00 $165.38 $133.33 245
demand 100 85.000000095 60
profit $10,000.00 $5,557.69 $2,000.00
total profit
$17,557.69