What would be the new forecasted average revenue per item

Assignment Help Business Economics
Reference no: EM133598727

Question: What is the formula in excel spreadsheet if you are trying to find 10) You'd like to see what your average revenue would be if you increased average prices by 10%. You forecast that your average Quantity Sold would decrease by 10% as a result of the price increase. What would be the new forecasted average revenue per item?

 

 

Reference no: EM133598727

Questions Cloud

What is the current size of the budget deficit : What is the current size of the budget deficit? A good source is the Deficit Tracker of the Bipartisan Policy Center Is the current budget deficit Big?
What does red carpet need to change : In your opinion, what does Red Carpet need to change? Should the change be transformational, developmental, or transitional, and why?
What best explaind the demand for autoparts demand : the demand for its products is depend on the demand for new csra. what best explaind the demand for autoparts demand
Describe an unsuccessful change from your own experiences : Describe an unsuccessful change from your own experiences and why it did not achieve its intended objectives.
What would be the new forecasted average revenue per item : What is the formula in excel spreadsheet if you are trying to find 10) You'd like to see what your average revenue would be if you increased average prices
Explain how macroeconomic factors affect health care costs : Explain how macroeconomic factors affect health care costs. What is currently major difference between the US health care system and Canadian health care system
What will a rational china do : What will a rational (and risk neutral) China do? Explain why. (Show any calculations in detail; make sure to properly label what it is you are calculating).
Examine one disorder from each category : What are the three personality clusters and examine one disorder from each category? Discuss what disorders are considered similar and whether treatment
Why the health status of a country plays an important role : List and explain reasons why the health status of a country plays an important role in its economic status.

Reviews

Write a Review

Business Economics Questions & Answers

  What is the break-even quantity for each

Two companies, Lawnman Inc. and Tauro Co., are competing in the manufacture and sale of a new type of kryptonite-powered lawnmowers. Lawnman has a somewhat older plant and requires a variable cost of $150 per lawnmower;  What is the break-even quanti..

  For-profit firms make up the bulk of hospital organizations

Since no one party owns a not-for-profit hospital, physicians really own the hospital’s business. Consumer cooperatives have a long and successful history in development of the HMO. For-profit firms make up the bulk of hospital organizations.

  Explain why income would not be taxable

Explain why income would not be taxable. Give examples of what constitutes Non-Taxable Income. Explain how the income would be excluded and give any formulas or calculations used to show the Non-taxable portion. Also explain if and where you would re..

  What is the marginal product of labour

Wheat is produced according to the production function: q = 100K^0.5H^0.5 Where q = quantity of wheat produced; K = capital input; H = labour input

  Design a policy to reduce poverty

design a policy to reduce poverty. Describe your recommendations, including potential problems and costs. Provide the reasoning behind your recommendations.

  Consumers are very optimistic about the future

Given the following information: Consumers are very optimistic about the future. The price of oil has just doubled. The money supply is growing at a 6% rate. The government has just cut spending by 8%. Firms are doubling their investment. The trade d..

  Annual toll revenue from newly proposed highway construction

An engineer estimates that the annual toll revenue from a newly proposed highway construction over 20 years will increase at a rate of 4%. The revenue for the first year is $2,000,000. What is the present value of the toll revenue if the state can ea..

  Other large corporations to enter our domestic market

It seems like you're hoping that MNC will help the consumers if the government focuses too much on helping businesses. I think that the United States government has enough rules and regulations for other large corporations to enter our domestic marke..

  Pressured by third party special interest

Discuss if you think policy makers truly represent the citizenry or are they pressured by third party special interest groups that support their campaigns

  What is each project mirr

What is each project's MIRR? From your answers to Parts a, b, and c, which project would be selected? If the WACC was 18%, which project would be selected?

  Find the probability that exactly 8 customers

Find the probability that exactly 8 customers pay with a credit card. Show calculations. (2) Find the probability that less than 2 customers pay

  Concept of consumer surplus

Many country clubs and professional sports teams use a creative pricing strategy for memberships in the case of country clubs or seating in the case of professional sports. the Baltimore Ravens charge fans a one-time fee of $8,000 for a personal seat..

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