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

Question

4 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] · Answer 1 · 2022-02-03T02:48:00+03:00

Mariana [72]4 years ago

3 0

The answer i would say would be $75