answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: If the elasticity for computers at the current price is at 6.4 what would happen to total revenues if a computer manufacturer doubled its prices?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How does the elasticity of demand influence the tax revenues?

Elasticity of demand influenced tax revenues


How does elasticity of demand influence tax revenue?

Elasticity of demand influenced tax revenues


How does elasticity a company's pricing policy?

If demand is elastic at the current price, the company knows that an increase in price would reduce total revenues.


How does elasticity affect a companys pricing policy?

If demand is elastic at the current price, the company knows that an increase in price would reduce total revenues.


Who is the largest shoe manufacturer in the world?

Nike is the largest shoe company in the world. They reported record revenues of $18.6 billion.


A state government wants to increase the taxes on cigarettes to increase tax revenue This tax would only be effective in raising new tax revenues if the price elasticity of demand is?

elastic


What were revenues for CSC Credit Services in 1983?

In 1983 CSC Credit Services had revenues of $22 million. By the time Honeycutt left the division in 1987, revenues had increased to $105 million, and CSC Credit Services was the largest Computer Sciences commercial operation.


Should a business raise prices if it wants to increase revenues if the price elasticity for a product is under 0?

no i think it's unfair because then when their rates go down we have to pay more unless their going out of business.


Relying On The Best Rated Computers?

Most modern individuals have good reasons for investing in modern computers. Businesspeople have been using computers to create revenues for decades. Even working class people are now using computers to improve their personal and financial lives. When reviewing the home PC marketplace, consumers should only purchase the best rated computers. A number of excellent consumer groups currently review current computer models for the benefit of the buying public. Consumers should rely on review sites in order to inform their decision.


Who were the leading appliance manufacturers in the 1990s?

Whirlpool overtook General Electric in 1993 to become the largest appliance manufacturer, with 1999 revenues of $10 billion and employment of 59,000


Are revenues the same as net income?

Revenues are earnings from sales of products and net income is the difference between revenues and expenses.


Which sport has the largest revenues in the us?

Football has the largest revenues