Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / Budweiser has observed that quantity of values in a town increases from 20000 bags per wee...

Budweiser has observed that quantity of values in a town increases from 20000 bags per week to 24000 bags per week where it increases advertising

Budweiser has observed that quantity of values in a town increases from 20000 bags per week to 24000 bags per week where it increases advertising expanding from 32000 to 33000. It has also ... in the .... market that the number of sales increases from 12000 to 13000 bags per week ... ......they raise their prices from 3.50 per bag to 3.75 per bag( while their advertising remain consistent) A. Calculate the advertising electricity of demand. B. Calculate the cross-price electricity of demand. C. Budweiser knows that the price of electricity demand is 4.7 . If Budweiser increased their advertising by 10% and increased prices by 15%. By what percent would the quantity of sales change ? EXPLAIN YOUR ANSWER.

Jun 05 2020 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions