You write a software package to sell on the internet. Assume there is no marginal cost to

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You write a software package to sell on the internet. Assume there is no marginal cost to selling one additional unit. What rule do you follow in figuring the final price . will you set the price where a 1% increase in price results in a :

(a) MORE THAN 1% decrease in quantity demanded.

(b) 1% decrease in quantity demanded.

(c)less than 1% decrease in quantity demanded.

Related Book For answer-question

Fundamentals of Financial Management

ISBN: 978-0324597707

12th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Feb 07, 2024 07:05 AM

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Fundamentals of Financial Management

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