subject
Business, 25.10.2019 20:43 jnthnsngh

The acme company produces and sells widgets. they currently charge $20 per widget, and they sell 460 widgets per week. if the price is increased to $20.60 per widget, then 69 fewer widgets per week can be sold. assuming that demand is linear, find the value for elasticity of demand at the current price. round as necessary.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 10:00
Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.
Answers: 2
question
Business, 22.06.2019 23:20
Warby parker, a manufacturer of fashionable prescription eyewear, notes on its website, "warby parker was founded with a rebellious spirit and a loft objective: to offer designer eyewear at a revolutionary price, while leading the way for socially-conscious business." this excerpt from the company's website states warby parker's
Answers: 1
question
Business, 23.06.2019 08:50
Walking through the grocery store, ramon sees a "buy 2, get 1 free" deal on laundry detergent. even though he currently has plenty of detergent he decides to take home all three bottles. ramon's decision seems to have been based mostly on his immediate need for the detergent the low price of alternative brands the limited income he presently earns the sale price offered for the detergent
Answers: 1
question
Business, 23.06.2019 09:10
How can a company salesperson with product development
Answers: 3
You know the right answer?
The acme company produces and sells widgets. they currently charge $20 per widget, and they sell 460...
Questions
Questions on the website: 13722361