I need the answers in the attachment Problem 2-8 (Static)A property title search firm is contemplating using online software to increase the productivity of the researcher performing the search.Currently, an average of 40 minutes is needed to do a title search. The researcher cost is $2 per minute. Clients are charged a fee of$400. Company A's software would reduce the average search time by 10 minutes, at a cost of $3.50 per search. Company B'ssoftware would reduce the average search time by 12 minutes at a cost of $3.60 per search.a. Calculate the productivity in terms of revenue per dollar of input. (Round your intermediate calculations and final answers to 2decimal places.)Productivity(Revenue perDollar Input)ApproachCurrentCompany ACompany Bb. Which option would have the highest productivity in terms of revenue per dollar of input?O Company AO Company BO Current

Solution a) Current Average time = 40 minutes Cost = 40×2=$80Productivity (revenue per…

a. Calculate the productivity in terms of revenue per dollar of input. (Round your intermediate calculations and final answers to 2 decimal places.) Productivity (Revenue per Dollar Input) Approach Current Company A Company B b. Which option would have the highest productivity in terms of revenue per dollar of input? Company A O Company B Current

a. Calculate the productivity in terms of revenue per dollar of input. (Round your intermediate calculations and final answers to 2 decimal places.) Productivity (Revenue per Dollar Input) Approach Current Company A Company B b. Which option would have the highest productivity in terms of revenue per dollar of input? Company A O Company B Current

MARKETING 2018

19th Edition

ISBN:9780357033753

Author:Pride

Publisher:Pride

Chapter1: An Overview Of Strategic Marketing

Section1.2: Dollar Shave Club: The Company For Men

Problem 2C

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