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Verizon [17]
3 years ago
10

Smith's electronics originally priced a private-label portable dvd player at $90, and then sold 1,500 units per week. after rais

ing the price to $100, sales dropped to 1,000 units per week. first, determine the price elasticity, and then determine the profit-maximizing price if the private-label portable dvd player costs $50.
Business
1 answer:
Mariana [72]3 years ago
3 0
The answer i would say would be $75 
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What drawbacks will you mention to your supervisor?
Daniel [21]

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6 0
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If assets equal $95,000 and liabilities equal $40,000, then owners’equity equals _____.
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5 0
3 years ago
A bond with a $1,000 face value and an 8 percent annual coupon pays interest semiannually. The bond will mature in 15 years. The
Keith_Richards [23]

Answer:

$781.99

Explanation:

The price of the bond can be computed using excel pv function given below:

=-pv(rate,nper,pmt,fv)

rate is the semiannual yield to maturity i.e11%*6/12=5.5%

nper is the number of semiannual coupons the bond would i.e 30 semiannual coupons in 15 years

pmt is the amount of semiannual coupon=$1000*8%*6/12=$40

fv is the face value of $1000

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7 0
3 years ago
Which of these savings/investing options has the highest risk
Pavlova-9 [17]

Answer:

STOCKS

Explanation:

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In addition bondholders are creditors of a corporation.

Stockholders, are part owners of a company. In case of bankruptcy, bondholders are given priority.

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Money market accounts are a safe investment because they are insured by the FDIC.

Therefore the investment option that has the highest risk is stocks.

7 0
3 years ago
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