You are a monopolist who sells textbooks to undergraduate students. currently you sell 100 books at a price of $100 each, for revenue of $10,000. each book is essentially costless to print, so you ignore fixed costs and focus on maximizing revenue. based on research by your marketing team, you learn that some students will not buy the book if the price goes up. also, if you cut the price, more students will buy the book. suppose the price elasticity of demand is -0.5. if the price of each textbook is increased by 10 percent, the new revenue earned is $ nothing.

Which actions can you improve your credit score? (multiple can be selected)having a good credit score should be your prime objective as credit companies analyze your creditworthiness before giving you a loan. there are certain guidelines you can follow to ensure you have a good credit score. always pay your mortgage interest on time. if you are a student, make student loan inquiries before taking any loan. if you have multiple credit cards, manage them judiciously. maintain a healthy balance in your bank account.1. always pay your mortgage interest on time.2. if you are a student, make student loan inquiries before taking any loan.3. if you have multiple credit cards, manage them judiciously.4. maintain a healthy balance in your bank account.

Post test question number 9 for entering the job market

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.