The Profits in Offering Deliveries for Parcels and Packages at a Similar Price
Notes for Writer: Fill in the missing spaces in the chart below where it shows Fill in. Explain the analysis on how you came up with to get to this conclusion for the parcel & package services. Also show how you came up with the answers for the fill in blank by displaying the formula with the numbers inputted.
Show the work on Microsoft Word and also provide your conclusion for this problem.
Notes For Writer: You can use Excel if that’s how you get your answers but can you demonstrate it without the Excel language because I do not know how to use Excel. For example, just say what method you used to get the answer whether its dividing, subtracting adding etc. Thank you.
Seven Years ago, you started a crosstown delivery service. The service is an environmentally friendly business and given all the traffic congestion, you are also the fastest service in the city since your entire crew are bicyclists. You have two types of service which is – a small parcel service for anything that is flat and measures less than 11 x 17. You have a package service using a 100lb. capacity bike trailer for anything weighing up to 10lbs. As a way to introduce the new package service, you charged the same price for the packages as parcels. You are now wondering if you should charge different prices for the parcel and package service.
Complete the table below for the combined market and parcel packages:
Price Parcels and Packages TR MR TC MC MR – MC Profit
Fill In 50 5,000 1,600 10 3,400
90 Fill In 10,800 83 2,300 10 73 8,500
80 190 15,200 63 3,000 10 53 Fill In
Fill In 260 18,200 43 3,700 10 33 14,500
60 Fill In 19,800 23 4,400 10 13 15,400
50 400 20,000 3 5,100 10 -7 Fill In
Fill In 470 18,800 -17 5,800 10 -27 13,000
30 Fill In 16,200 -37 6,500 10 -47 9,700
20 610 12,200 -57 7,200 10 -67 Fill In
10 680 6,800 -77 7,900 10 -87 -1,100
Professor’s Name
Course
Date
Marginal Analysis of Pricing
PRICES
PARCELS AND PACKAGES
TR
MR
TC
MC
MR-MC
PROFIT
100
50
5,000
1,600
3,400
90
120
10,800
83
2,300
10
73
8,500
80
190
15,200
63
3,000
10
53
12,200
70
260
18,200
43
3,700
10
33
14,500
60
330
19,800
23
4,400
10
13
15,400
50
400
20,000
3
5,100
10
-7
14,900
40
470
18,800
-17
5,800
10
-27
13,000
30
540
16,200
-37
6,500
10
-47
9,700
20
610
12,200
-57
7,200
10
-67
5,000
10
680
6,800
-77
7,900
10
-87
-1100
The formulas used in computing the differ...
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