What effect would you expect to have on the quantity demand

Reference no: EM13236094

Over the past 6 months Heads-Up Hair Care, Inc., has normally had sales of 500 bottles of A-6 Hair Conditioner per week. On the weeks when Heads-Up ran sales on its B-8 Hair Conditioner, cutting the price of B-8 from $10 to $8, sales of A-6 declined to 300 bottles.

If the price of B-8 were increased to $12, what effect would you expect this to have on the quantity demanded of A-6?

Reference no: EM13236094

Questions Cloud

Formulate the lp model for union city : Formulate the LP model for Union City

Marketing planning guide : Marketing Planning Guide

What is the percentage growth rate of real gdp from year 2 : In year 1, the quantity produced is Q1 and the price is P1. In year 2, the quantity produced is Q2 and the price is P1. In year 2, the quantity produced is Q1 and the price is P2. In year 3, the quantity produced is Q3

What kind of relationship exists between two variables : Plot a scatter diagram and what kind of relationship exists between these two variables

What effect would you expect to have on the quantity demand : Over the past 6 months Heads-Up Hair Care, Inc., has normally had sales of 500 bottles of A-6 Hair Conditioner per week. On the weeks when Heads-Up ran sales on its B-8 Hair Conditioner, cutting the price of B-8 from $10 to $8

Implemented to minimize the damage caused by oil spills : 1. Describe two (2) legislations that have been implemented to minimize the damage caused by oil spills.

Six sigma statistics : Online Activity: Six Sigma Statistics

What is its capacitance : An axon is the relatively long tail-like part of a neuron, or nerve cell. The outer surface of the axon membrane is charged positively, Thus, the membrane is a kind of capacitor, what is its capacitance

How to compute the quarterly payments for 10 years : You are going to buy a milling machine for your company. The company borrows money to make the purchase and the loan terms are 9% per year, compounded monthly while making quarterly payments for 10 years.

User Account

All Pages