Question: Elasticity of demand -1.5 Variable cost Php 8.00 P. Initial Price Php 150.00 P.Final Price Php 300.00 Q. Initial Quantity 150,000 Q. Final Quantity 210,000

Elasticity of demand -1.5 Variable cost Php 8.00 P. Initial Price

Elasticity of demand -1.5 Variable cost Php 8.00 P. Initial Price Php 150.00 P.Final Price Php 300.00 Q. Initial Quantity 150,000 Q. Final Quantity 210,000 VInitial Variable cost Php 20.00 Ve Final Variable cost Php 35.00 1. Solve for the optimal price 2. Solve for percentage change in Price 3. Solve for percentage change in Volume 4. Solve for contribution margin percentage 5. Explain the relation of volume hurdles to profitability

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