Describe determinants of price elasticity

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Reference no: EM133342893

Question 1- Assume price per unit equals $10, Fixed Costs total $30,000 and variable costs are $7 per unit.

Find the Breakeven point in units.

Question 2- Assume price per unit equals $10, Fixed Costs total $30,000 and variable costs are $7 per unit.

Find the Breakeven point in SALES

Question 3- Assume price per unit equals $10, Fixed Costs total $30,000 and variable costs are $7 per unit.

Find the amount of units required to sell if the company wants to make a profit of $50,000 that year. (Note: Always round units up)

Question 4- Assume price per unit equals $10, Fixed Costs total $30,000 and variable costs are $7 per unit.

Find the amount of dollar sales required, if the company wants to make a 250,000 profit. (round units up before calculating dollars)

Question 5- Explain the three levels of the relationship marketing continuum.

Question 6- Describe 5 determinants of price elasticity.

Question 7- Explain the term cannibalization and give an example using St.Clair college programs.

Reference no: EM133342893

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