What percentage will sales change and in what direction

Assignment Help Marketing Management
Reference no: EM13557478

A pharmaceutical company decides to increse the price of a brand name drug by 30%. If the price elasticity is .7, what percentage will sales change, and in what direction?

Reference no: EM13557478

Questions Cloud

Determine the market potential for a product : Determine the market potential for a product that has 8 million prospective buyers who purchase an average of 2 per year and price averages $50.
How to compute the number of moles of ethanol : Calculate the number of moles of ethanol, (C2H6O) in 250.0 mL sample. Ethanol has a density of 0.76 g/mL.
Find the leastic potential energy of the net : A 70kh man jumping from a window lands in an elevated firerescue net 11.0 m below the window. find the leastic potential energy of the net when it is stretched by 1.50 m
Nuclear power-What rate is waste heat vented to atmosphere : In a nuclear power plant, the reactor produces 361? C steam that is used to power the steam turbines which generate 2202 MW of electrical power. The cooling tower eliminates the waste heat at 55?C. If the efficiency of the plant is that of a Carno..
What percentage will sales change and in what direction : What percentage will sales change and in what direction?
Explain fluorine gas to produce sulfur hexafluoride : Finely divided sulfur ignites spontaneously in fluorine gas to produce sulfur hexafluoride, as in the following equation S(s) + 3F2(g) --> SF6(g)
How long will it take to reach the horizontal : A weight of mass m1 is on africtionless ramp which makes angle theta with respect to thehorizontal. how long will it take to reach the horizontal
Do you agree that cohort segmentation is effective : Do you agree that cohort segmentation is effective in developing communications for various consumer groups? Explain why or why not.
Angular speed of wrench as it passes through equilibrium : A 1.44 kg monkey wrench is pivoted at oneend and allowed to swing as a physical pendulum. The period of itsmotion is 0.860 s, and the pivot is0.290 m from the center of mass of the wrench.

Reviews

Write a Review

Marketing Management Questions & Answers

  Explain regulatory challenges of the internet

Explain Regulatory challenges of the Internet and What are regulatory challenges of the Internet

  Forcing a firm to reformulate its marketing strategy

While STP marketing often produces successful outcomes, there is no guarantee that these successes will last. What factors can erode the successes produced by STP marketing, forcing a firm to reformulate its marketing strategy?

  Explain the marketing objectives of your company that are

use the internet or the library to familiarize yourself with an industry and then create a fictionalnbsp start-up

  Consider the concepts of utilitarianism egoism and social

we learned in earlier discussions that according to aristotle and bentham onersquos happiness was the highest goal.

  Students should read the scenarios below and respond in the

students should read the scenarios below and respond in the form of an essay which should consist of several

  Describe in terms of your texts discussion what are the

1.when might a modified rebuy apply within a household buying decision? what types of goods would come into play?

  Analyze the factors that drive supply and demand different

using the wileyplus resources go to the five guys burgers and fries ingredients for success example.write a three to

  Based on the information provided discern whether this

part iselect one of the poorest countries of the world one with under 1000 gross domestic product gdp per capita.

  Case study: a new campus for the university of rummidge

Case Study: A new campus for the University of Rummidge

  Determine ways to achieve economies of scope by leveraging

synergy is an often-used word in business but as the popular press and the textbook suggest many efforts at

  Explain e-business concepts

Explain E-Business Concepts and Explain management of the customer life cycle in terms of the three phases of CRM

  Discuss a federal law that grants the federal government

research websites and other technologies that provide private information on u.s. citizens. write a 3-4 page paper in

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