Total revenue and after the price change total revenue

Assignment Help Business Economics

Reference no: EM13868710

The local apple stand sells apples for 50 cents each. They raise their price to 75 cents. The store was selling 100 apples a day but now they sell 50 apples a day. Calculate total revenue before and after the price change. List both answers i.e. before the price change total revenue and after the price change total revenue.

Reference no: EM13868710

Questions Cloud

Money supply affect consumer spending and investment : How does the increase in money supply affect consumer spending and investment? How does it affect the firm or organization you work for? How do the Federal Reserve policies affect us as individuals (households)?

Explain how inflation affects savings and investment : In economics, inflation is considered as a tax. There are also various costs of inflation. What is the inflation tax, and how might it explain the creation of inflation by a central bank? Explain how inflation affects savings and investment.

The name and url of the video : You are to watch five videos from TED.com, different from the ones watched in class. You are to provide a half a page write up on each video (Thus a minimum of five paragraphs) . You are to cover the following topics: The name and URL of the vide..

Instruments does the fed use for the monetary policy : The Federal Reserve may increase or decrease money supply depending on the economic condition. What policy instruments does the Fed use for the monetary policy?

Total revenue and after the price change total revenue : The local apple stand sells apples for 50 cents each. They raise their price to 75 cents. The store was selling 100 apples a day but now they sell 50 apples a day. Calculate total revenue before and after the price change. List both answers i.e. befo..

Cash instead of health insurance coverage : Suppose that your employer offered you $4,000 in cash instead of health insurance coverage. Health insurance is excluded from state income taxes and federal income taxes. How different would this calculation look for a worker who earned $500,000 and ..

Automated process of choosing projects : Project Management- Automated process of choosing projects, Assist in the process of ranking risks in projects and Automated the process of managing project documentation

Demonstrating the importance of strategic marketing manageme : ompile a power point presentation demonstrating the importance of strategic marketing management within an organization.

Representative of the environmental protection agency : A representative of the Environmental Protection Agency (EPA) wants to select samples of 5 landfills. The director has 10 landfills from which she can collect samples. How many different samples are possible?

User Account

All Pages