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3.05 Getting the Most for Your Money

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Morgan Caulder

on 13 December 2013

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Transcript of 3.05 Getting the Most for Your Money

Complete Acne Therapy System
3.05 Getting the Most for Your Money
1.What product market did you choose for this data to represent? Explain why.
I chose Neutrogena complete acne therapy system kit for this data to represent because the prices seem to match up to the item.

2. At which price and quantity does marginal cost nearly equal marginal revenue without exceeding it? Highlight this point on your graph.
-I think they most match up at about 5 kits.

3. If you were in business for this product, at which price and quantity level would you sell? Explain why.
-I would sell it at 5 because then i would be able to get the biggest profit.
Complete Acne Therapy System
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