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Version
1.0
Size
142.72 Kb
Updated
9 years ago
Released
25 Jun 2010
Description
*** Featured in Top 20 New and Noteworthy Business Apps in July 2010 ***
Optimum Price is a business tool that helps determine the optimal price and quantity for a given product based on price sensitivity, to maximise contribution.
The Optimum price calculator is an economists approach to optimal pricing based on price elasticity of demand. This uses the formula MR = MC to establish the optimal point for both Price and Demand to maximise Contribution.
Disclaimer:
Please note that this app only gives an economists viewpoint and all aspects should be considered before changing any price.
This app should not be used to solely base your pricing decisions and should be used for information purposes only. Please search Economists Viewpoint to Optimal Pricing for more information on the theory.
Estimates
Availability
Devices
iPhoneFirstGen
iPodTouchFirstGen
iPodTouchSecondGen
iPhone3G
iPhone3GS
iPadWifi
iPad3G
iPhone4
iPodTouchThirdGen
iPodTouchFourthGen
iPad2Wifi
iPad23G
iPhone4S
iPadThirdGen
iPadThirdGen4G
iPhone5
iPodTouchFifthGen
iPadFourthGen
iPadFourthGen4G
iPadMini
iPadMini4G
iPhone5c
iPhone5s
iPadAir
iPadAirCellular
iPadMiniRetina
iPadMiniRetinaCellular
iPhone6
iPhone6Plus
iPadAir2
iPadAir2Cellular
iPadMini3
iPadMini3Cellular
iPodTouchSixthGen
iPhone6s
iPhone6sPlus
iPadMini4
iPadMini4Cellular
iPadPro
iPadProCellular
iPadPro97
iPadPro97Cellular
iPhoneSE
Pricing by country
| Country | Price |
|---|---|
| USA | 0.99 USD |