subject
Business, 27.03.2020 02:57 genyjoannerubiera

Suppose you own a bookstore where you currently sell 22 Harry Potter adventure Harry Potter adventure novels per day at a price of $38 per book. However, if you were to reduce the price to $27, then you would sell 28 Harry Potter adventure Harry Potter adventure novels per day. Using the midpoint formula, what is the price elasticity of demand for Harry Potter adventureHarry Potter adventure novels? nothing. (Enter a numeric response using a real number rounded to two decimal places. Don't forget the minus sign.) In this price range, the demand for Harry Potter adventure Harry Potter adventure books

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:30
When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is
Answers: 2
question
Business, 22.06.2019 17:30
Which of the following services will be provided by a full-service broker but not by a discount broker? i. research of potential investment opportunities ii. purchase and sale of stock at your request iii. recommendation of investments a. i and iii b. ii only c. iii only d. i, ii, and ii
Answers: 2
question
Business, 22.06.2019 20:50
Lead time for one of your fastest-moving products is 20 days. demand during this period averages 90 units per day.a) what would be an appropriate reorder point? ) how does your answer change if demand during lead time doubles? ) how does your answer change if demand during lead time drops in half?
Answers: 1
question
Business, 22.06.2019 21:10
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
You know the right answer?
Suppose you own a bookstore where you currently sell 22 Harry Potter adventure Harry Potter adventur...
Questions
question
Mathematics, 27.05.2020 23:05
question
Mathematics, 27.05.2020 23:05
Questions on the website: 13722363