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"a product has an arc elasticity of -0.8. at a price of $7.00, 1000 units are sold per period. In order to sell 1200 units, what will the new price be? what is the revenue at the old price ($7.00)and the new price? show work. "
Describe the benefits and risks entailed with an experimental approach to regression analysis.
Elucidate which of the subsequent statements is correct regarding the equilibrium cost also quantity of X.
Consider the following Demand equation that represents Demand for goods to your company produces q=100-2p. Total cost of production is cq. Given to your company's objective is to maximize profit
The management of the Mini Mill Steel Company estimated the subsequent elasticities for a unique type of steel.
Illustrate graphically the equilibrium of such a monopolistic firm.
Illustrate what is the GDP of George's and John's island in terms of clamshells.
Find the present value of this project by using the Adjusted Present Value (APV) formula
Illustrate what output would be produced, Illustrate what would total profits be also Illustrate what rate of return would the firm earn in its asset base.
Based on this example, discuss and defend whether or not big countries such as the United States should be worried about what is happening in small countries such as Greece. Elucidate general conclusions from this case that might be applied elsewh..
Elucidate what is the best form of business organization to select based on various considerations, including taxes, liability, capital contributions, sharing of profits adn losses, management and control, and survivorship
Explain how does the price elasticity of demand for corn oil influence the quantity-demanded of corn oil and the Total Revenue earned by sellers of corn oil.
The 1st way is simply to utilize the price of the product in the exporter's home marketplace as the fair marketplace value.
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