User Account

All Pages

What is demand elasticity

Assignment Help Basic Computer Science
Reference no: EM132323769

Elasticity of t-shirt sales

If I sell 5,000 T-shirts for 8.5 USD each, then increase my selling price to 9.5 usd/ I only sold 4000 shirts. What is my demand elasticity?

If my margin cost is 4$ per shirt, what is my desired markup and what is my initial actual markup? was raising the price profitable?

Reference no: EM132323769

Questions Cloud

Quantity of labor supplied and demanded : What is the impact of a minimum wage above the equilibrium wage on the quantity of labor supplied and demanded? (Practice drawing a supply
What are the components of gnh and gdp : What are the components of GNH and GDP? Which measure,GDP or GNH, is easier to compute?
Evaluate trends in demand and explain their impact : Evaluate trends in demand over last three years and explain their impact on the industry and the firm. Include quarterly (last two quarters) and annual sales.
How will your focus on employee engagement change : Now , imgine your are the CEO of a U.S.- based organization how will the U.S government't dedcision of replacing GDP with affect your organizational strategies?
What is demand elasticity : If I sell 5,000 T-shirts for 8.5 USD each, then increase my selling price to 9.5 usd/ I only sold 4000 shirts. What is my demand elasticity?
Management challenges in a global economy : Using your book please name and discuss three management challenges in a global economy. Explain economic, political-legal, and cultural challenges
After tax deduction saving how much tax in todays dollars : If John has a 28% tax rate and a 10% after-tax rate of return, a $50,000 tax deduction in five years will save how much tax in today's dollars?
Cultures the negotiation process : In a lot of cultures the negotiation process is indirectly followed through third parties.
Price charged for freight transportation : What is the logistics term that signifies the price charged for freight transportation?

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Identifies the cost of computer

identifies the cost of computer components to configure a computer system (including all peripheral devices where needed) for use in one of the following four situations:

  Input devices

Compare how the gestures data is generated and represented for interpretation in each of the following input devices. In your comparison, consider the data formats (radio waves, electrical signal, sound, etc.), device drivers, operating systems suppo..

  Cores on computer systems

Assignment : Cores on Computer Systems:  Differentiate between multiprocessor systems and many-core systems in terms of power efficiency, cost benefit analysis, instructions processing efficiency, and packaging form factors.

  Prepare an annual budget in an excel spreadsheet

Prepare working solutions in Excel that will manage the annual budget

  Write a research paper in relation to a software design

Research paper in relation to a Software Design related topic

  Describe the forest, domain, ou, and trust configuration

Describe the forest, domain, OU, and trust configuration for Bluesky. Include a chart or diagram of the current configuration. Currently Bluesky has a single domain and default OU structure.

  Construct a truth table for the boolean expression

Construct a truth table for the Boolean expressions ABC + A'B'C' ABC + AB'C' + A'B'C' A(BC' + B'C)

  Evaluate the cost of materials

Evaluate the cost of materials

  The marie simulator

Depending on how comfortable you are with using the MARIE simulator after reading

  What is the main advantage of using master pages

What is the main advantage of using master pages. Explain the purpose and advantage of using styles.

  Describe the three fundamental models of distributed systems

Explain the two approaches to packet delivery by the network layer in Distributed Systems. Describe the three fundamental models of Distributed Systems

  Distinguish between caching and buffering

Distinguish between caching and buffering The failure model defines the ways in which failure may occur in order to provide an understanding of the effects of failure. Give one type of failure with a brief description of the failure

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