Demand analysis aspen colorado is engaging in a


Demand Analysis. Aspen, Colorado is engaging in a bumper-sticker advertising campaign. Monthly sales data from ski shops selling the "Don't Worry-Be Happy (in Aspen)" bumper-stickers indicate that:

Q = 6,000 - 2,000P

where Q is bumper-sticker sales and P is price.

A. How many bumper-stickers could Aspen sell at $2 each?

B. What price would Aspen have to charge to sell 5,000 bumper-stickers?

C. At what price would bumper-sticker sales equal zero?

D. Calculate the point price elasticity of demand at a price of $1.

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Financial Accounting: Demand analysis aspen colorado is engaging in a
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