Find all zeroes of the polynomial.
What’s 4x5?
The demand for shoes is given as : * = 100 - 3P, + 4P, - .01M + 2A, where A, represents the amount of advertising spent on shoes (X), P, is the price of good X, P. is the price of good Y, and Mis average income. Suppose good X sells at $25 a pair, good Y sells at $35, the company utilizes 50 units of advertising, and average consumer income is $20,000. Calculate and interpret the own price, cross-price, and income elasticity of demand.Given that all the other factors will be constant, What price should be charged to maximize total revenue?
