Calculate the quantity demanded at prices

Assignment Help Business Economics
Reference no: EM131094778

The ABC marketing consulting firm found that a particular brand pf portable stereo has the following demand curve for a certain region: Q=10,000 - 200 P + 0,03 Pop + 0, 6 I + 0.2 A where is Q the quantity per month, P is price ($), Pop is population, I is disposable income per household(S), and A is advertising expenditure($). a. determine the demand curve for the company in a market in which P=300, Pop= 1,000,000, I=30,000, and A=15,000 b. calculate the quantity demanded at prices of $200, $175, $150, and $125. c. calculate the price necessary to sell 45,000 units

Reference no: EM131094778

Questions Cloud

What are some ways to overcome these stereotypes : Women are sometimes stereotyped as "moms"; and many times it is assumed that working mothers would not be interested in a major new assignment that could advance their career. What are some ways to overcome these stereotypes?
Impact of the ice storm on the market for kerosene heaters : Last year a very severe ice storm hit the north counties of New York state, and the states of Vermont and Maine. Electric poles were down and no one had power for days. It was reported that the price of kerosene heaters skyrocketed and the number pur..
Strain theory discusses several responses : Strain theory discusses several responses we have when we experience the "strain" of life: Conformity, Ritualism, Retreatism, Rebellion, and Innovation. These are our ways of adapting to life as we experience it. Conformity is when you accept that yo..
Is the president in charge of the national government : In your PERSONAL--and now INFORMED--JUDGMENT, what do YOU think: Is the president in charge of the national government? SPECIFICALLY, WHY did YOU take the position on this question that you have taken?
Calculate the quantity demanded at prices : The ABC marketing consulting firm found that a particular brand pf portable stereo has the following demand curve for a certain region: Q=10,000 - 200 P + 0,03 Pop + 0, 6 I + 0.2 A where is Q the quantity per month, P is price ($), Pop is population,..
Define and describe insolvency risk : Define and describe Insolvency Risk. Describe the two best protections against insolvency at a Financial Institution. Describe a situation where Insolvency Risk could be caused 1) by Liquidity Risk; 2) by Credit Risk
Economy experienced sharp recession : The US economy experienced a sharp recession during 2008 and 2009. Your task is to describe the recession’s causes, and critically assess it within a “liquidity trap” framework.
Capital budgeting promote financial health of organization : Critically reflect on the importance of capital budgeting. Why is this such a heated subject in many boardrooms? How does capital budgeting promote the financial health of an organization? How will you use the financial techniques you have learned th..
Affect bottlenecks and rush-hour congestion : Technology is now being developed so that road use can be priced by computer. A computer in the surface of the road picks up a signal from your car and automatically charges you for the use of the road. How would this affect bottlenecks and rush-hour..

Reviews

Write a Review

Business Economics Questions & Answers

  Countries and promote all aspects of international trade

The North American Free Trade Agreement (NAFTA) is a trade agreement between the United States, Canada, and Mexico whose purpose is to eliminate tariffs between the countries and promote all aspects of international trade. Opponents of NAFTA point ou..

  After bad experiences with a flexible exchange rate

After bad experiences with a flexible exchange rate, the small open economy of Rivendell decides to fix it exchange rate. Suppose the economy of Rivendell has reached the long run equilibrium. Is trade policy more effective under a flexible exchange ..

  Increase unemployment or underemployment

Are you concerned that automation may increase unemployment or underemployment in the United States and around the world.

  More effective comparing with the tools of fiscal policy

Which one is more effective comparing with the tools of fiscal policy?

  Perspective on values makes sense

Talk about six economies of worth, or sets of values, that we prioritize differently. Although we may not always prioritize our values the same way in different situations, I'd like to think about how you would rank these six economies of worth for y..

  Number of labor hours increases

If the number of labor hours increases by 10% and the number of hours of capital used decreases by 10%, what is the percentage change in output.

  Q airways express has an evening flight from los angeles to

q. airways express has an evening flight from los angeles to new york with an average of 80 passengers and a return

  About soundness of the financial sector

What do you think about soundness of the financial sector in the country of Ukraine? What is the structure of the banking sector? How large? State owned share? Foreign ownership? Is it well regulated?

  Marketing and production-competitive environment

Boat is a product of the Baldwin Company which is primarily in the Nano segment, but is also sold in another segment. Baldwin starts to create their sales forecast by assuming all policies (R&D, Marketing, and Production) for all competitors are equa..

  Suppose the economy has a natural rate of unemployment

Suppose the economy has a natural rate of unemployment of 6%. Suppose short-run output over the next 4 years is +1%, 0%, -1%, and -2%. According to Okun's law, what unemployment rates would we wxpect to see in this economy?

  What is the yield to maturity and what is the yield to call

It is now, January 1, 2012, and you are considering the purchase of an outstanding bond that was issued on January 1, 2010. It has a 9.5% annual coupon and had a 30-year original maturity. What is the yield to maturity? What is the yield to call?

  Price elasticity of demand for firms product is equal

The price elasticity of demand for a firm's product is equal to -1.8. The firm currently sells 4,000 units per day at a price of $2. If the firm increases its product price by 10%, then it can expect to sell approximately

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd