subject
Business, 19.12.2019 04:31 hailey2910

The consumer demand equation for tissues is given by q = (98−p^2), where p is the price per case of tissues and q is the demand in weekly sales.(a) determine the price elasticity of demand when the price is set at $27. (round your answer to three decimal interpret your answer.(b) at what price should tissues be sold in order to maximize the revenue? (round your answer to the nearest ) approximately how many cases of tissues would be demanded at that price? (round your answer to the nearest whole number.)

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 00:30
Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years
Answers: 1
question
Business, 22.06.2019 03:00
Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.
Answers: 2
question
Business, 22.06.2019 09:00
How does the plaintiff, mrs. wood, try to implicate the gun manufacturer ( who testifies, what do they say, what evidence is introduced)?
Answers: 2
question
Business, 22.06.2019 11:20
Security a has a higher standard deviation of returns than security b. we would expect that: (i) security a would have a risk premium equal to security b. (ii) the likely range of returns for security a in any given year would be higher than the likely range of returns for security b. (iii) the sharpe ratio of a will be higher than the sharpe ratio of b. (a) i only (b) i and ii only (c) ii and iii only (d) i, ii and iii
Answers: 1
You know the right answer?
The consumer demand equation for tissues is given by q = (98−p^2), where p is the price per case of...
Questions
question
Business, 12.10.2019 17:10
question
Mathematics, 12.10.2019 17:10
Questions on the website: 13722359