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 99 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
YES! Correct, THANKS for helping me on my review

Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Acromegaly in one individual from a pair of identical twins. Acromegaly in one individual from a pair of identical twins.
A pair of pygmy hippos at the Mount Kenya Wildlife Conservancy A pair of pygmy hippos at the Mount Kenya Wildlife Conservancy
Photographer unknown, Man with Big Shoes. Photographer unknown, Man with Big Shoes.
Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages
The figure shows an LR circuit with a switch and a 240-volt battery. At the instant the switch ... The figure shows an LR circuit with a switch and a 240-volt battery. At the instant the switch ...
Figure 2.15.jpg Figure 2.15.jpg
Video: Anatomy and Chemical Makeup of a Single Hair (Animation)

For a complete list of videos, visit our video library