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The assignment is described in the files that I sent to XXXXXXXXXX

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The assignment is described in the files that I sent to XXXXXXXXXX
Answered Same Day Apr 03, 2021

Solution

Lovenesh answered on Apr 04 2021
158 Votes
Individual Assignment – Apple Watch (A) The launch
PART A : For Every Scenario Given :
    Quantity Demanded for Apple Watch per week
    = -150000 - 2400 PAW +1520 PGear S + 1200 PPe
le -1200 PiPhone 6 +44 A
    (QAW)
    Apple Watch Price
     $ 211
    177200
    Samsung Gear Price
     $ 380
    
    Pe
le Steel Price
     $ 220
    
    iPhone 6 Price
     $ 299
    
    Quarterly Target Advertisement Budget
     $ 15,500
    Scenarios :
    Old Demand
    New Demand
    Increase (Decrease)
    1% increase in the price of Apple Watch
    177200
    168824
     (8,376.00)
    1% increase in the price of Samsung Gear S
    177200
    182976
     5,776.00
    1% increase in the price of Pe
le
    177200
    179840
     2,640.00
    1% increase in the...
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