# sophea

Most popular questions and responses by sophea-
## Managerial Economic

The ABC Company manufactures AM/FM clock radios and sells on average 3,000 units monthly at 25$ each to retail stores.Its closest competitor produces a similar type of radio that sells for 28$. a. If the demand for ABC's product as coefficient of-3, how

*asked on December 8, 2013* -
## Managerial Economic

Mr. Smith has the following demand equation for a certain product: Q = 30 - 2P. a. At price of $7, what is point elasticity? b. Between prices of 5$ and 6$, what is the arc elasticity? c. If the market is mark up of 100 individuals with demand curve

*asked on December 8, 2013* -
## math

what is the solution for the logarithmic equation log2(x2+2x-44)=2? x2=x squared

*asked on December 4, 2007* -
## Managerial Economic

The equation for a demand curve has been estimate to be Q = 100 - 10P + 0.5Y, where Q is quantity, P is price, and Y is income. Assume that p = 7 Y = 50. a. Interpret the equation b.At a price of 7, what is price elasticity? c. At an income level of 50,

*asked on December 8, 2013*