Calculate the ped supposing that increase in the price to


IMAGE Manufacturing is an electronics manufacturer and retailer. Its main products are Ultrabook computers, PCs and calculators. The current price of the Ultrabook is $ 600, the PC is $700 and the calculator is $30. This year the firm sold 10,000 Ultrabook's, 20,000 PCs and 1 million calculators. Calculate the PED supposing that INCREASE IN THE PRICE TO 700,800,40 and the change un quantity demand by 10%

Solution Preview :

Prepared by a verified Expert
Business Economics: Calculate the ped supposing that increase in the price to
Reference No:- TGS02914086

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)