You are the only seller of eggs in town, and the price-elasticity coefficient for eggs is known to be 2. If you want to increase your sales quantity by 5 percent through a price change, what should you do to the price?

The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be: