subject
Business, 16.02.2021 01:00 pleasehelpme666

When a certain bicycle is sold for $177, a bike shop sells 300 bicycles per week and the elasticity of demand is =−0.333. When the price of the bicycles increases from $177 to $212, the percent change in price is 19.77%. What is the percent change in revenue for the bike shop? radioImage a) 24% radioImage b) -12% radioImage c) -8.9% radioImage d) 12%

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 16:00
Three pounds of material a are required for each unit produced. the company has a policy of maintaining a stock of material a on hand at the end of each quarter equal to 30% of the next quarter's production needs for material a. a total of 35,000 pounds of material a are on hand to start the year. budgeted purchases of material a for the second quarter would be:
Answers: 1
question
Business, 22.06.2019 16:30
Why are there so many types of diversion programs for juveniles
Answers: 2
question
Business, 22.06.2019 18:00
Companies under market structures are independent
Answers: 2
question
Business, 22.06.2019 19:30
Which of the following occupations relate to a skill category of words and literacy
Answers: 1
You know the right answer?
When a certain bicycle is sold for $177, a bike shop sells 300 bicycles per week and the elasticity...
Questions
question
Chemistry, 01.10.2021 07:20
question
Mathematics, 01.10.2021 07:20
question
Mathematics, 01.10.2021 07:30
Questions on the website: 13722367