What should the promotional price be

Reference no: EM13279074

An end-of-sale price promotion changes the price elasticity of a good from -2 to -3. If the normal price is $10, what should the promotional price be?

Reference no: EM13279074

Questions Cloud

What is the firm expected rate of return : Preston Inc.'s stock has a 25% chance of producing a 30% return, a 50% chance of producing a 12% return, and a 25% chance of producing a -18% return. What is the firm's expected rate of return?

Evaluate the mole fraction of benzene in the vapor : at a given temperature the vapor pressures of benzene and toluene are 183mm Hg and 59.2mm Hg. Calculate the mole fraction of benzene in the vapor phase over a solution of benzene and toluene with Xbenzene=0.600

Romanticism : Romanticism

Determine voltage at high voltage terminal of transformer : a single phase 440V 80kW load with a lagging Pf of .8 is supplied through a feeder of .6+j1.6 ohms and a single phase 100 kVA, 220/440 V transformer. the equiv impedance of the transformer referred to the High Voltage side is 1.15+j4.5 ohm.

What should the promotional price be : An end-of-sale price promotion changes the price elasticity of a good from -2 to -3. If the normal price is $10, what should the promotional price be?

How many years is it until these bonds mature : Redesigned Computers has 6.5 percent coupon bonds outstanding with a current market price of $832. The yield to maturity is 16.28 percent and the face value is $1,000. Interest is paid semiannually. How many years is it until these bonds mature?

Define a reaction vessel contains o2 : A reaction vessel contains 13.9g of CO and 13.9g of O2. How many grams of CO2 could be produced according to the following reaction? 2CO + O2 ---> 2CO2

What is the book value per common share equation : What is the book value per common share equation? The textbook we are using doesn't give us the actual equation for this... I'm a little rusty in my accounting as I have taken accounting in about 2 1/2 years.

What are the most important factors that should be consider : what are the most important factors that should be considered when designing a parabolic dish antenna Compute the directivity, beam-width and effective area for a 6m diameter dish antenna for which illumination efficiency is considered

User Account

All Pages