Wednesday
August 20, 2014

Homework Help: managerial

Posted by tina on Sunday, August 8, 2010 at 11:25pm.

The demand curve for haircuts at Terry Bernard's Hair Design is P=20-0.20Q where Q is the number of cuts per week and P is the price of a haircut. Terry is condering raising her price above the current price of $15. Terry is unwilling to raise price if the price hike will cause revenues to fall. Should Terry raise the price of haircuts above $15 Why or why not? Suppose demand for Terry's haircuts increases to P=40-0.40Q. At a price of $15, should Terry raise the price of her haircuts? why or why not?"

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

ECON - The demand curve for haircuts at Terry’s Hair Design is P=20-0.20Q Where ...
economics - ) The demand curve for haircuts at Terry barnyards Hair Design is P=...
Management Accounting - Andre has asked you to evaluate his business, Andre's ...
Management accounting - Andre has asked you to evaluate his business, Andre's ...
management accounting - Andre has a hair styling business and he has five ...
accounting - Andre has asked you to evaluate his business, Andre’s Hair Styling...
Algebra - The owner of a hair salon charges $20 more per haircut than the ...
Alg 1 - The owner of a hair salon charges $20 more per haircut than the ...
Math - Please explain how to solve this equation with substitution: The owner of...
Management accounting - Andre has a hair styling business with five workers that...

Search
Members