Questions LLC
Login
or
Sign Up
Ask a New Question
Price Elasticity of Demand
Page 3
Questions (136)
1. JQ sells ties and currently has sales of 1,200 units a month, producing a revenue of £36,000. It competes with KR, who is
1 answer
asked by
ali
429 views
The improvements in transportation affected the price of goods by?
6 answers
asked by
Tiffany K.
323 views
If the price of apples rises from $3.50 a pound to $4.00, and my consumption of apples drops from 30lbs. of apples to 20lbs.;
1 answer
asked by
Jan C
514 views
Please check and correct my answers?
Thank you. QUESTIONS: 1. The time horizon of the demand curve is one determinant of the
5 answers
asked by
Anonymous
2,177 views
I have to determine the own price elasticity of demand with the following info given 1n Qdx = 3 - 0.5 1n Px - 2.5 in Py + 1nM +
3 answers
asked by
John
315 views
You are a team working for an economic consulting firm; your client is “The New Delmonico Steakhouse,” a high-end steak
3 answers
asked by
Tiffany
517 views
You are a team working for an economic consulting firm; your client is “The New Delmonico Steakhouse,” a high-end steak
2 answers
asked by
Sandi
944 views
Movie attendance dropped 8 percent as ticket prices rose a little more than 5 percent. What is the price elasticity of demand
2 answers
asked by
jean
646 views
If you are given this function: P=1000-40Q where P=price and Q=sales.....
How do you get the price elasticity of demand at a
1 answer
asked by
Dave
495 views
I know this might be basic.....but I am still not sure about subject of elasticity? How do I know the effect, if no price or
1 answer
asked by
Jami
454 views
Suppose the price of apples rises from $3.50 a pound to $4.00 and your consumption of apples drops from 30 pounds of apples a
3 answers
asked by
Anonymous
1,187 views
The president of the United Auto Workers noticed that whenever he negotiates a pay increase for the UAW membership, the number
1 answer
asked by
Ryan
377 views
I wanted to post this as a new question to make sure you saw it. Thanks! :)
Posted by klynn on Wednesday, October 3, 2007 at
2 answers
asked by
klynn
594 views
This is an MBA-level Managerial Economics Course. I'm working on some HW and just want to double-check my answers.
1. Jimbo's is
4 answers
asked by
klynn
654 views
You want to estimate the price elasticity of demand for air transportation on the route Abu Dhabi-London for British Airways
1 answer
asked by
Lamia
339 views
Just when you really, really want an ice cream cone, the price is rising. But it isn't summertime gouging by manfacturers. The
1 answer
asked by
Kim
460 views
Show price elasticity of demand for Company XYZ’s product.
Using the following data: Price Quantity 2000 5.00 100 2001 5.25 115
1 answer
asked by
Yellow Bird
392 views
Muliple Choice:
Pizza prices rose from $2 to $3 and quantity demanded dropped from 100 to 75 pizzas. Using the traditional method
1 answer
asked by
Yellow Bird
381 views
commodity Price Elasticity of demand
---------- Potatoes 0.3 If I know there is a fall in the price of potatoes how do i predict
1 answer
asked by
Jon
599 views
Ok, if anyone is able to help me within the next 12 hours or so, that would be wonderful! I think I am going about this problem
2 answers
asked by
Dave
502 views
When selling goods with inelastic price elasticity of demand, total revenue will ___ :
A. Rise as price falls B. Rise as price
7 answers
asked by
Raven
51 views
If the quantity demanded of a commodity remain unchanged as its price changes, the price elasticity of demand is what:
1. Greater
1 answer
asked by
Raven
31 views
When the price of an item goes down
a. people buy more b. people buy less
4 answers
asked by
ya mama
23 views
during the summer months, sarah makes and sells necklaces on the beach. last summer she sold the nacklaces for $10 each. Her
4 answers
asked by
ted
1,142 views
In most businesses, increasing prices of products can negatively impact the number of customers. A bus company in a small town
1 answer
asked by
Anonymous
557 views
How would a sudden increase in the price of canned soup affect people’s behavior?
(1 point) Responses People would buy less
1 answer
asked anonymously
97 views
t has been discovered in a certain state that the relationship between the number of snow shovels demanded varies linearly with
3 answers
asked by
Irina
494 views
When a product or service is price what, its demand will increase if it goes on sale and decrease when the price rises? (1
1 answer
asked anonymously
27 views
When a product or service is price what, its demand will increase if it goes on sale and decrease when the price rises?
(1 point)
1 answer
asked by
ugotthatright
38 views
A local electronics store recently increased the price of a portable speaker it sells from $15 to $18. The owner of the store
1 answer
asked by
M
29 views
A local electronic store recently increased the price of a portable speaker it sells from $15-$18. The owner of the store
1 answer
asked anonymously
29 views
As the price of a good increases, all else being equal, consumers will likely purchase _____.(1 point)
Responses less of the good
1 answer
asked by
hahahaha
28 views
Teenagers frequently purchase similar shoes from one of two major competing shoe manufacturers. If the price of one
1 answer
asked by
hahahaha
26 views
What types of goods have a lot of price elasticity?
1 answer
asked anonymously
7 views
What types of goods have a lot of price elasticity?
1 answer
asked anonymously
6 views
If the price elasticity of demand for a good is 0.4, then a 10 percent increase in price results in a
0.4 percent decrease in the
1 answer
asked anonymously
9 views
Pages
1
2
3
Parent Categories (23)
Consumer behavior
Demand
Demand Analysis
Demand and Elasticity
Demand and Price
Demand and Pricing
Demand and Pricing Analysis
Demand and Supply
Demand elasticity
Economics
Elasticity of Demand
Labor Market
Managerial Economics
Market Analysis
Microeconomics
Price and Demand
Prices and Demand
Pricing
Pricing and Profit Maximization
Pricing and Quantity
Smoking
Supply and Demand
Teenagers' purchasing behavior