According to the video, how are transaction demand and asset demand graphed? Multiple Choice О Transaction demand and asset demand are both downward-sloping lines. Transaction demand and asset demand are both vertical lines. О Transaction demand is a downward-sloping line, while asset demand is a vertical line. О Transaction demand is a vertical line, while asset demand is a downward-sloping line.
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- Find the attached file.Assume that the demand curve is a straight line. If the price per unit of a good rises from $4.50 to X1, it is expected that monthly demand will fall from X2 units to 250,000 units. Give your own appropriate X1 and X2. What is the point price elasticity of demand when the price is $4.50? What is the arc price elasticity of demand over these ranges of price and output? Is the demand for this good price sensitive?Question 29
- R4Dashboard for Online Pricing Online the timing and tailoring of prices to specific models of products is the key to successful pricing in online markets. And “Thanks to the ready availability of data in online markets, a pricing manager can easily approximate the elasticity of demands for the different products it sells online.” Assuming a 10 percent decrease in price increases sales by 25 percent, calculate the price elasticity of demand? If the wholesale price of the online product is $50 and sells at a price comparison site that charges $.50 per click and boasts a conversion rate of 5 percent (an average of 20 clicks are needed to generate a sale). What price should you charge for the product? What is the optimal markup on cost? The authors assert that price sensitivity is affected by (1) product life cycles, and (2) numbers of competitors. In fact, “when the number of competing sellers doubles, a firm’s elasticity of demand is expected to double (and you should be able to…/
- If the price per unit of good A is P175 quantity purchased is valued at 5,250 units and quantity supplied equals 2,500 units. If price changes by P1, quantity demanded changes by 4 units for consumer demand and quantity supplied changes by 2 units.Table 1 shows the actual customer demand for hairdryers from Dyson company. The actual demand has been observed for the past 7 months and recorded. [Jadual 1 menunjukkan permintaan sebenar pengering rambut dari syarikat Dyson. Permintaan sebenar diperhatikan selama 7 bulan terakhir dan direkodkan.] Table 1: Demand for Hairdryer from January to July [Jadual 1: Permintaan Pengering Rambut dari Januari 2021 hingga Julai 2021] Month Demand January 2800 February 2870 March 2968 April May June July 3000 3100 3150 3400 (a) Calculate forecast future demand for May, June, July, and August by using 3 months simple moving average.When a bank is failing, it may sell off some of its assets to try and keep its equity (net worth) positive. However, this move can actually make its equity fall. This is because a bank selling assets makes th and the price of those assets [Select] ✓ [Select] demand curve for those assets shift rightward supply curve for those assets shift rightward supply curve for those assets shift leftward demand curve for those assets shift leftward