Say that you are a manager for Bloomin’ Brands, the restaurant

Question # 00851967 Posted By: wildcraft Updated on: 03/18/2024 04:21 AM Due on: 03/18/2024
Subject Economics Topic General Economics Tutorials:
Question
Dot Image

Business Finance - Economics Assignment

1.11-) Say that you are a manager for Bloomin’ Brands, the restaurant company that owns Outback Steakhouse. Your research department has determined that the demand from adults is different than the demand from seniors and has estimated the demand curves shown in Figures (a) and (b) . Your estimate of the marginal cost curve appears in Figure (c) .

a. To maximize your profit, how many dinners should you sell in a month?

b. What price will you charge for adult dinners? How many dinners will you sell to adults in a month?

c. What price will you charge for senior dinners? How many dinners will you sell to seniors in a month?

Accompanies problem 1.11.

4-1) Suppose that Energizer sells a package with one CR 123 battery for $11 and another package with two CR 123 batteries for $19. Can Energizer’s managers increase their profit by selling these two different packages, or should they sell only a one-battery package? Explain your answer.

image1.png

Dot Image
Tutorials for this Question
  1. Tutorial # 00847444 Posted By: wildcraft Posted on: 03/18/2024 04:22 AM
    Puchased By: 2
    Tutorial Preview
    The solution of Say that you are a manager for Bloomin’ Brands, the restaurant...
    Attachments
    Say_that_you_are_a_manager_for_Bloomin’_Brands,_the_restaurant.ZIP (18.96 KB)

Great! We have found the solution of this question!

Whatsapp Lisa