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Introduction

In more established markets Chicago Blackhawks
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, executives require stronger guidance in pricing decisions
than that provided by exchange value models. They will require a clearer
understanding of the customer’s response to price. Through quantifying the
relationship between sales volume and prices, executives can identify the profit
sensitivity to price changes and optimize prices.

Does higher price mean
higher profit?

Price consists of cost plus profit. If cost goes up, the
price usually must go up also. But the market might not support a price increase
intended to maintain the same profit per unit. Instead, sales would fall off. In
such case, the higher price would more likely be accompanied by no increase, or
even a reduced supply, including layoff of workers Chicago Blackhawks
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, rather than the opposite as portrayed on the supply
curve. Businesses do not increase production when they are confronted with
reduced profits, regardless of higher prices that might be posted. Increased
output occurs only in anticipation of higher profit. As already noted, the
supply curve should be profit not price; hence the curve is incorrect. Higher
prices for the products usually result in higher profit to farmers because the
previous lower prices already include some profit, however small on top of
costs. In any event, higher prices received for their products do give farmers
an incentive to increase output. The profit increase when the market price
increases.

Does lower price mean lower profit?

The profit
decreases when the market price of the firm decreases. The profit can be made
from the quantity of the product produced and the differences between average
total cos and price at quantity. Marginal cos curves usually slope upwards, it
means that he market price falls, the profit maximizing for the firm also
decreases. It is difficult to analyze the impact of price decrease on difference
between price and total cost. The quantity of a firm produced
decreases Chicago Blackhawks
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, the average cost of production will increase. On the other
hand, quantity of a firm decreases also decrease the firm’s average cost of
production. Because the profit effect will change when one component of profit
decreases while the other component of profit increases. In this case, lower
price means lower profit.

Zero - profit point

For a business
firm, that level of price at which the firm breaks even, covering all costs but
earning zero profit. Profit can be calculated when the quantity of the product
produced and the difference between average cost and price. When the market
price is equal to the quantity average cost produced it seems the profit is
zero. The zero-point profit can be find at the price line, average cost and
marginal cost curves intersection.

Conclusion

The conclusion for
the above is the when the market price is above the bottom of average total cost
curve then the profit is greater than zero. When the market price touches the
bottom of total cost curve then the profit is zero. And when the market price is
below the bottom of total cost then the profit is negative.
The Delhi region
of the country is located in the Northern region of the country. This is one of
the developed cities of the country. Delhi is a metropolitan region that is has
shown rapid developed in the past few decades in every field of work. The Delhi
state is also serves as the national capital of the country. Till date this city
has established and founded a number of educational institutions that include
eight different universities, and many schools Customized Chicago
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, colleges, research academies and other
educational institutions.

The Delhi city has been sub divided into
various zones and regions and each part has founded a good number of educational
institutions. The Global Kidz Republic School is located in the city and is
situated near the residential location, so that students could easily reach the
school on time and for the distant students the school does provide the
transportation facility. The location of the school is A-31, Neb Valley, Neb
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, Saket, New Delhi and Delhi. The school is basically a
primary school that provides education from the play group till the fifth
standard. This English medium school has years of experience and expertise in
the field of education and teaching. The institute aims at providing holistic
education to the students.

The Global Kids Public School is the modern
school of Saket region that is one of the posh locations of the city. This
school has safe security system that is meant for the safety of students and the
school property. The school has an impressive infrastructure and smartly
designed classrooms which are spacious and well furnished. The classes have
better sitting arrangement and proper student to teacher ratio.

The
school envisions creating the world class leaders of tomorrow who could take
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curricular programs so that students get an all round education system. The
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