Based on the price elasticity matrix given

Assignment Help Econometrics
Reference no: EM13379052

Based on the price elasticity matrix given below:

             aqufresh   colgate    crest  mentadent

quafresh.   black 1   blank 2      0.8        2 .0

colgate       1.2        -3.5         1.5         1.5

crest          1.0          2.5        -3.2         1.8

mentadent   1.8         1.2         1.3          4.0

1. Assume that Aquafresh own price elasticity is -1.5 and that the Colgate cross price elasticity of demand with respect to Aquafresh price change is 1. How do you interpret the own and cross price elasticities?
2. Which brand is Aquafresh mainly competing with? Explain using cross price elasticities in the price elasticity matrix.

3. Aquafresh main competitor: Explain :

4. Which brand has the highest brand equity/power? Explain using Clouts and Vulnerabilities of the four toothpaste brands.

5. Brand with the highest equity/power

Reference no: EM13379052

Questions Cloud

The graying of america will substantially increase the : the graying of america will substantially increase the fraction of the population that is retired in the decades to
1flank defense protecting a weak flack by erecting : 1.flank defense protecting a weak flack by erecting outposts2.contraction defense giving up weaker territories and
1 suppose that currency in circulation is 600 billion the : 1. suppose that currency in circulation is 600 billion the amount of checkable deposits is 900 billion excess reserves
Draw an aggregate production function with typical shape : draw an aggregate production function with typical shape and label it f. make sure to label the axis of the graph. now
Based on the price elasticity matrix given : based on the price elasticity matrix given belownbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbsp aqufresh nbsp
Deciding where to produce cma adapted the domestic engines : deciding where to produce cma adapted the domestic engines co. produces the same power generators in two illinois
The following transactions adjusting entries and closing : the following transactions adjusting entries and closing entries were completed by king furniture co. during a
Your client through youcpa-a 50-year-old owner of a : your client through youcpa-a 50-year-old owner of a firm-has requested that she become a sole proprietorship in the
A profit maximizing monopolist is earning a positive : a profit maximizing monopolist is earning a positive economic profit. the wage it pays its workers rises. how will the

Reviews

Write a Review

Econometrics Questions & Answers

  Determine the growth rate of the economy''s real gdp

Assume that population is 100 in year 1 and 102 in year 2. What is the growth rate of real GDP per capita? (Instructions: Round your answer to two decimal places.) The growth rate of the economy's real GDP per capita = %

  Estimate the compound growth rates

The sales information for the Lonestar Sports Apparel Corporation for the last 12 years as follows:

  Predict annual number of vcrs sold if income tax reduction

Suppose that the current market price of VCRs is $300, that average consumer disposable income is $30,000, and that the price of DVD players (a substitute for VCRs) is $500. Under these conditions annual U.S. demand for VCRs is 5 million per year.

  How much can wells fargo lend to developer

How much can Wells Fargo lend to developer who will repay the loan by selling first 6 view lots out of 13 lots at $190,000 each 2 year from now Assume the bank will lend at a nominal 14% per year, compounded semiannually.

  What should be charges for math tutoring

Online Tutors offers monthly access to students for either or both math or science tutors. A market study found that the served by Online Tutors can be divided into two types of students: students needing help with math, who are primarily interest..

  What is the slope of a given short-run isoprofit curve

By analogy with household indifference curves, a short run isoprofit curve for a firm can be defined as the set of all combinations of wage rate and labor hired that yield a positive profit, so that for the short-run profit function f = P.f(L,K') ..

  What is janets demand function for gasoline per week

Janet spends 5% of her income on gasoline and her utility function is Cobb-Douglas. If her income is $1000 per week, what is her demand function for gasoline per week

  What is the maximum increase in checking account deposits

Suppose you deposit $4,000 in currency into your checking account at Bank of America. Assume that Bank of America has no excess reserves at the time you make your deposit and that the required reserve ratio is 10 percent.

  Will the future production possibilities curve for nation

Like Physical capital, human capital produced in the present can be applied to the production of future goods and services. consider the table in Problem, 2-11, and suppose that the nation's residents are trying to choose between combination C and..

  Which person has comparative advantage in chicken

Suppose that they are thinking of each specializing completely in the area in which they have a comparative advantage, and then trading at a rate of 2.5 pounds of potatoes for 1 chicken, would they each be better off

  Calculate the premium of the second policy

Suppose your company is considering three health insurance policies. The first policy requires no tests and covers all preexisting illnesses. The second policy requires that all covered employees test negative for the HIV virus.

  Compute the amount of each of the 12 payments

A person arranges to repay a a$1000 bank loan in 10 equal payments at a 10% annual interest rate. Immediately after his third payment he borrows $500, also at 10% annual interest rate. When he borrows the $500, he talks the banker into letting him..

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