subject
Business, 27.05.2021 02:50 jamarstand

Suppose that the demand for a product is given by 2p2q10,0009000p2.(a) Find the elasticity when p$50 and q4502.(b) Tell what type of elasticity this is: unitary, elastic, or inelastic.(c) How would revenue be affected by a price increase

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 14:50
Bayside began 2014 with an inventory t-account debit balance of $155,000. inventory purchases during the year amounted to $75,000. there were no inventory-related write-downs or losses. what is its december 31, 2014, inventory account balance?
Answers: 1
question
Business, 22.06.2019 02:30
Luc do purchased stocks for $6,000. he paid $4,000 in cash and borrowed $2,000 from the brokerage firm. he bought 100 shares at $60.00 per share ($6,000 total). the loan has an annual interest rate of 8 percent. six months later, luc do sold the stock for $65 per share. he paid a commission of $120 and repaid the loan. his net profit was how much? pls
Answers: 3
question
Business, 22.06.2019 11:30
Schonhardt corporation's relevant range of activity is 2,500 units to 5,500 units. when it produces and sells 4,000 units, its average costs per unit are as follows: averagecost per unitdirect materials $ 7.60direct labor $ 2.90variable manufacturing overhead $ 1.65fixed manufacturing overhead $ 2.90fixed selling expense $ 0.95fixed administrative expense $ 0.65sales commissions $ 0.75variable administrative expense $ 0.65if 4,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to: multiple choicea $16,800b $11,400c $11,600d $15,400
Answers: 3
question
Business, 22.06.2019 18:10
Consumers who participate in the sharing economy seem willing to interact with total strangers. despite safety and privacy concerns, what do you think is the long-term outlook for this change in the way we think about interacting with people whom we don't know? how can businesses to diminish worries some people may have about these practices?
Answers: 1
You know the right answer?
Suppose that the demand for a product is given by 2p2q10,0009000p2.(a) Find the elasticity when p$50...
Questions
question
Mathematics, 16.07.2020 16:01
question
Computers and Technology, 16.07.2020 16:01
question
Mathematics, 16.07.2020 17:01
question
Mathematics, 16.07.2020 17:01
Questions on the website: 13722361