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 93 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
Gracias!

mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

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?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the
Visual aids, such as proper walking shoes and a pedometer, or an illustration showing someone ... Visual aids, such as proper walking shoes and a pedometer, or an illustration showing someone ...
Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages
Figure of a Woman with a Drawing Showing Evidence of Original Painting and Outlining Design Scheme Figure of a Woman with a Drawing Showing Evidence of Original Painting and Outlining Design Scheme
The enthalpy change for converting 10.0 g of ice at -25.0 C to water at 80.0 C is ________ kJ. ... The enthalpy change for converting 10.0 g of ice at -25.0 C to water at 80.0 C is ________ kJ. ...
Video: Chemical Changes

For a complete list of videos, visit our video library