Ask a New Question

Suppose the price of an

Suppose the price of a $185 item increases by 11.7%. By what percent does the resulting price have to decrease in order for the
1. 1 answer
2. asked by Rachel
3. 621 views
Suppose that the price p, in thousand pesos, and the number of sales x(in hundreds) of a certain item can be modeled by the
1. 1 answer
2. asked by Liv
3. 1,067 views
3. Suppose a firm has a constant marginal cost of $10. The current price of the product is $25, and at that price, it is
1. 1 answer
2. asked by Michelle
3. 1,581 views
The price of a dozen eggs was $1.63. Suppose the price increases m dollars per dozen and then the price decreases $0.12 per
1. 1 answer
2. 123 views
The price of a dozen eggs was $1.63. Suppose the price increases m dollars per dozen and then the price decreases $0.12 per
1. 1 answer
2. 122 views
Suppose that the demand functions for price increases and for price cuts facing an oligopolist are, respectively, Q1=560-80p1and
1. 0 answers
2. asked by simeon
3. 601 views
Suppose a firm has a constant marginal cost of$10 the current price of the product is $25, and at that price, it is estimated
1. 0 answers
2. asked by Lala
3. 763 views
Suppose the price level falls but suppliers only notice that the price of their particular product has fallen. Thinking there
1. 1 answer
2. asked by unknown 2.0
3. 25 views
Suppose the price elasticity of demand for a novel translated into English is perfectly inelastic. Assume the initial price of
1. 1 answer
2. asked by Cole
3. 2,809 views
suppose the demand curve for a product is given by Q=10-2P+Ps1,where P is the price of the product and Ps is the price of a
1. 1 answer
2. asked by arep
3. 1,859 views