User Account

All Pages

Estimated that the the cross price elasticity

Assignment Help Business Management
Reference no: EM131194699

1. Your company's competitors has lowered it prices by 20%. Your staff economist has estimated that the the cross price elasticity between your product and the competitor's product is -1.2. The boss wants to know how this will affect your companies revenues (sales)?

2. The income elasticity for your companies product A is 0.5; for product B he income elasticity it is 1.2; and for product C the income elasticity is -1.2. The country is in a recession and personal income is forecasted to fall by 2.2%. What is the forecasted revenue (sales) impact on product A, B and C, respectively. Which product would do the best (by sales growth) by how much and why?

3. Your boss wants to increase total revenue by 15%. Your staff economist has estimated that the price elasticity is 0.8. Should the company raise or lower its prices and by how much to affect a 15% revenue increase?

Reference no: EM131194699

Questions Cloud

Voltage in various industrial applications : You work for a company in India that manufactures and exports batteries and other charge storage devices. You are the sales manager for a DC-DC converter that is used to step up or step down the voltage in various industrial applications.
Prepare a master budget for the first quarter : ACC 2311 Practical Application Assignment. Maple Magic Corporation is preparing the master budget for the quarter ending March 31.  It sells a single product for $45 a unit.  Sales are 20% cash and 80% credit. Prepare a master budget for the first ..
What would be the output voltage amplitude : What would be the output voltage amplitude be if you used 1 amplifier stage?- What would be the output voltage amplitude be if you cascaded 2 amplifier stages between the source and the load?
Analyze tfcs cash budget to determine key methods : From the scenario, analyze TFC's cash budget to determine key methods in which the budget may be optimized (e.g., by renegotiating terms and conditions on some of its payables, etc.).
Estimated that the the cross price elasticity : 1. Your company's competitors has lowered it prices by 20%. Your staff economist has estimated that the the cross price elasticity between your product and the competitor's product is -1.2. The boss wants to know how this will affect your compani..
Correctly define the internal rate of return : Which of the following correctly define the internal rate of return:
What time does the hour hand point in the same direction : A Clock Face has negative charges-q,-2q,-3q......-12q,fixed at the positionof the corresponding numeral of the dial the clock hand do not disturb the netfield due to point charges at what time does the hour hand point in the same direction is elec..
Invest in portfolio containing stock : You have $102,000 to invest in a portfolio containing Stock X, Stock Y, and a risk-free asset. You must invest all of your money. Your goal is to create a portfolio that has an expected return of 11 percent and that has only 80 percent of the risk of..
Calculate the approximate equivalent circuit parameters : DO THE TASK READING REQUIREMENTS MENTIONED IN IT Draw a diagram of the system; Calculate the total power Pr dissipated by the loads in kW and draw the approximate equivalent circuit referred to the primary

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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