Xyz corporation is a manufacturer of widgets over the past

Assignment Help Electrical Engineering
Reference no: EM13344254

1. XYZ Corporation is a manufacturer of widgets. Over the past several months, it has been selling its widgets for $100 each and unit sales have averaged 5,000 units per month. This month its competitor, ABC, Inc. raised the price of its widgets from $100 to $110. XYZ noted that its unit sales increased by 200 units.
a. What is the cross price elasticity of demand between XYZ's and AB C's widgets?
b. If XYZ knows that the price elasticity of demand for its widgets is -2.0, what price would XYZ be able to charge and still sell 5,000 widgets, assuming ABC keeps its price at $110?

Reference no: EM13344254

Questions Cloud

How many grams of dry nh4cl need to be added to 160 l of a : how many grams of dry nh4cl need to be added to 1.60 l of a 0.800 it m solution of ammonia nh3 to prepare a buffer
Distinguish between an absorption spectrum and an emission : distinguish between an absorption spectrum and an emission spectrum. with which did bohr
A current source of 12 cos 2000t a a 200-ohm resistor and : a current source of 12 cos 2000t a a 200-ohm resistor and a 0.2-h inductor are in parallel. assume steady-state
A graduated cylinder contains 129 of water a 170 piece of : a graduated cylinder contains 129 of water. a 17.0 piece of iron density 7.86 and a 21.0 piece of lead are added.
Xyz corporation is a manufacturer of widgets over the past : 1.xyz corporation is a manufacturer of widgets. over the past several months it has been selling its widgets for 100
A mixture of caco3 and cao weighing 0665 g was heated to : a mixture of caco3 and cao weighing 0.665 g was heated to produce gaseous co2. after heating the remaining solid
The ligand hydrotris 1-pyrazolylborate is commonly used in : the ligand hydrotris 1-pyrazolylborate is commonly used in biomimetic complexes. draw out the ligand. why is this a
Using the balanced reaction enter the formula chargeif any : using the balanced reaction enter the formula chargeif any and state of the species exclude h2o in solution if neither
The magnetic circuit shown in figure 117 has a mean core : the magnetic circuit shown in figure 1.17 has a mean core length of 52 cm and a cross-sectional area of 18 cm2. the

Reviews

Write a Review

Electrical Engineering Questions & Answers

  How man output bits will the decoder produce

To play music, these types of players have a decoder circuit that can decode the binary representation of the piece of music to be played. The electronic signals corresponding to the notes that are to be 'played' can then be transmitted to a speak..

  Calculate the numerical value of the mutual capacitance

Calculate the numerical value of the mutual capacitance of a square parallel plate capacitor whose dimensions are 1 mm X 1 mm if the two plates are separated by a distance of 2 mm. The relative dielectric constant of the material between the two p..

  Calculate the voltage drop across the capacitance

a)For what value of capacitance will these condition exist ,assuming that impressed voltage ,frequency,resistance and inductance remain unchanged. b)Calculate the voltage drop across the capacitance under this condition.

  What would be the frequency and phase for the signal

If V = 12sin( 2 pi 1800 + 45). What would you read on a DMM Would this voltage be for an inductor or capacitor What would be the frequency and phase What does the 12 stand for Explain.

  Determine what is the value of e2 with three loads

Three loads (R1, R2 and R3) are connected in series to a 120-VDC source. The values of E1 and E2 are measured and found to be 32 V and 8 V, respectively. What is the value of E2

  What is the corresponding output power available

A 10-mV signal source having an internal resistance of 100 k Ohm is connected to an amplifier for which the input resistance is 10 k Ohm, the open-circuit voltage gain is 1000 , and the output resistance is 1 k Ohm.

  Determine the tranfer function of the thermocouple

During calibration, and iron/constantan thermocouple is zeroed( set to emit a Zero Voltage) AT 0 DEGREES CELCIUS. At 750 degrees celcius, it emits a voltage of 38.8mV. Alinear Out/input relationships exists between 0 and 750 degrees celcius.

  Determine c1-c2-r1 and r2 of a low pass filter

Second order unity gain Tschebyscheff low pass filter. The task is to design a second order unity gain. Tschebyscheff low pass filter with a corner frequency of fc = 12.5kHz and a 3dB passband ripple. Determine C1, C2, R1, and R2.

  How does the receiver detect errors

With the 1s complement scheme, how does the receiver detect errors? Is it possible that a one bit error will go undetected? How about a two bit error?

  What is the boundary condition for electrostatic potential

What is the boundary condition for electrostatic potential at an interface between two different dielectric media

  Give simplified excitation equations for each of flip flop

implement the Johnson counter as a Moore machine using three (3) D flip-flops. Give the simplified excitation equations for each of the flip-flops, and draw the circuit. There is no input in this system, as the counter advances on every clock cycl..

  Indicate the peak current in each of the resistors

R1=1k ohms, R2=1.5k ohms and R3=3k ohms. Assume an ideal opAmp. Indicate the PEAK current in each of the resistors.

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