### If the organization wishes to restore sales

Assignment Help Macroeconomics
##### Reference no: EM1327289

Calculating new price level

Company had 10,000 shoes sales (\$100 a pair) per month, a major competitor cut their price and the company sales declined to 8000 shoes per month, If the company wishes to restore sales to 10,000 per month determine the price they need to charge. Company A estimates that the price elasticity is -2.0 in the price quantity range.

### Write a Review

#### Computation of resulting income from insurance

Let's say you live in Montana and you like to ride mechanical bulls in bars on Friday nights. You estimate that over the next year there's a 4% probability you will incur medical bills of \$20,000

#### Less elastic and estimating price elasticity of demand

At what price will she buy four visits? Eight visits? What is the elasticity of between a price of \$5 and \$6 per visit? Between a price of \$29 and \$31?

#### Graphical representation of full employment

Use aggregate demand (AD) and aggregate supply (AS) model in which the short run aggregate supply curve slopes upwards to describe the equilibrium level of real GDP and prices if the economy is operating:

#### Explanation for distribution income

Discuss the reason why governments might want to intervene and how they might do- with respect to the following "problem" in the functioning of an otherwise perfectly-competitive ("pareto-efficient") economy:

#### Decide what sports were like nfl

Decide what sports were like NFL before the introduction of the salary cap?

#### Calculation of gain and loss

The annual demand for coffee by the U.S consumers is Q = 250 - 10P. Compute the lost consumer surplus?

#### Compute production possibilities curve

Show these data graphically. Upon what specific assumptions is this production possibilities curve based? What would production at a point outside the production possibilities curve indicate? What must occur before the economy can attain such a lev..

#### Computation for spell of unemployment

How many "spells" of unemployment occur each year in this economy? What percentage of the "spells" are only one month long?

#### Impact of banks behaviour

Suppose that because of the ongoing financial turmoil banks become more prudent: that is, other things equal, banks want to hold more excess reserves and make fewer loans.

#### Demand for monopolist break-even point

A perfect competitive firm has the cost function TC = 1000 + 2Q + 0.1 Q^2-What is the lowest price at which the firm can break even?

#### Shutdown of factory-increase in unemployment rate

You are a member of the City Council of Mid ville , California, a town of 10,000 residents, comprised primarily of 'middle-class' blue-collar laborers.

#### Market imperfection associated with negative externalities

An essay on Market imperfection associated with negative externalities.