This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the figure above, Nike maximizes its profit if it charges ________ per pair of shoes. A) 75 ... (Read 109 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: Jun 29, 2018
In the figure above, Nike maximizes its profit if it charges ________ per pair of shoes.
 
  A) 75
  B) 60
  C) 72
  D) 42

Question 2

If a 5 percent increase in the price results in a 9 percent increase in quantity supplied, the elasticity of supply is
 
  A) 0.30.
  B) 0.55.
  C) 1.20.
  D) 1.80.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jxjsniuniu

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

This jumping spider's main ocelli (center pair) are very acute. This jumping spider's main ocelli (center pair) are very acute.
Ugonachomma display figure, Igbo, Nigeria. Ugonachomma display figure, Igbo, Nigeria.
Figure-8s at the knuckles of the hand. Figure-8s at the knuckles of the hand.
Joint movement of the fingers. Apply scissoring at the knuckles and figure-8s to the fingers to ... Joint movement of the fingers. Apply scissoring at the knuckles and figure-8s to the fingers to ...
Asante Shoes Asante Shoes
This red velvet shoes belonged to Pope Benedict XV This red velvet shoes belonged to Pope Benedict XV
Video: Factors that influence muscle tension - Sarcomere length and force, understretched and overstretched

For a complete list of videos, visit our video library