The original price is 100 Kr the sale is then at 250 units. with a price of

Fantastic news! We've Found the answer you've been seeking!

Question:

The original price is 100 Kr the sale is then at 250 units. with a price of 64 kr the sale is assumed to be 325 units. what is the elasticity?

Related Book For answer-question

College Algebra

ISBN: 9780134453262

7th Edition

Authors: Robert F Blitzer

See More Books

Posted Date: Apr 01, 2024 02:11 AM

See More Questions

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...
The daily demand of a product can be specified by a normal distribution. Its average daily demand is 250 units with a standard deviation of 40 units. The delivery lead time of this product is also...
Interactive promotion allows customers and companies to work together to create mutually beneficial exchange relationships in an ongoing dialogue. True or false
A mixture of gases contains 0.31 mol CH4, 0.25 mol C2H6, and 0.29 mol C3H8. The total pressure is 1.50 atm. Calculate the partial pressures of the gases.
Whole Foods Market's Compensation Committee determines a portion of executive bonuses qualitatively. For the quantitative portion, the Committee selects from 13 performance metrics. For the fiscal...
Lets grow mold! Obtain some bread slices and plastic sandwich bags. Keep the bread in the bags so that you wont breathe in too many spores during the course of the experiment. How long does it take...
Chinook during certain seasons strong winds called Chinooks blow from the west across the eastern slopes of the Rockies and downhill into Denver and nearby areas. Although the mountains are cool. The...
Suppose we have a O(n) time algorithm that finds median of an unsorted array. Now consider a QuickSort implementation where we first find median using the above algorithm, then use median as pivot....
2.8 g of N gas is placed into a balloon. What is the final volume if the pressure outside is 1 atm and the temperature 300K? A) 68.9 L B) 4.92 L C) 2.46 L D) 0.406 L E) 0.203 L
A dewatering operation began at 7:00 a.m. and ended at 11: 40 a.m. During this time, dewatering was accomplished using a pump with a constant output of 80 gpm. How many gallons of water were removed...
Discuss how Shoprite Checkers can use the balanced scorecard as a strategy implementation and control system. Support your discussion with examples.
1. Assume we have a training set and a test set as follows: Training set Index y Test set I Index I y 1 5.86 0.74 1 5.80 0.93 2 1.34 1.18 2 0.57 1.87 3 3.65 0.51 3 4.30 -0.06 4 4.69 -0.48 4 6.55 1.60...
A vertical straight wire carrying an upward 13.4 A current exerts an attractive force per unit length of 9.40E-4 N/m on a second parallel wire 5.80 cm away. What is the magnitude of the current that...
Using the HTTP/SMTP standards as an example discuss why we need standards and, most importantly , why standards are necessary at all layers in the network model.
Find a formula for the peak height, H, of the above projectile trajectory of the maximum range R and the angle the projectile is launched relative to the x-direction, ?.
Pedro Bourbone is the founder and owner of a highly successful small business and, over the past several years, has accumulated a significant amount of personal wealth. His portfolio of stocks and...
Logan is conducting an economic evaluation under inflation using the then-current approach. If the inflation rate is \(j\) and the real time value of money rate is \(d\), which of the following is...
True or False: Inflation decreases the purchasing power of money.
True or False: The most commonly used measure of inflation is the relative change in the Consumer Price Index.

The original price is 100 Kr the sale is then at 250 units. with a price of

Question:

Expert Answer:

The price elasticity of demand can be calculated using the formula textE... View the full answer

College Algebra

Students also viewed these finance questions