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p elasticity is -1.6 P is 100 and Q sold 3600 if the marketing planto increase Q sold to 4400 tickrtsb/mnth what should be the new Q?

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Related questions

I am having a tough time with this homework question. Please try to show work if possible! Thank you!

Garden of Edam sells fondue kits over the internet. The demand function for this product is Q = 20 - (1/3)P, where Q is the number of kits sold per week and P is the price per kit.

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3. Compute the point price elasticity of demand (PED) when

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Ā 

4. Compute the point PED when P = 30 __________ and P = 60 _____________.

5. Give a one sentence quantitative interpretation of the Q = 6 elasticity.

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6. Give a one sentence qualitative interpretation of the Q = 6 elasticity.

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7. Write the equation showing kit total

revenue (TR) as a function of Q. ___________________________________

8. Write the equation showing marginal revenue

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Q. The Hanover ManufacturingCompany believes that the demand curve for its product is

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