Company A raises the price of its Widget product from $100 to $110. As a result of the price increase, the demand for this Widget product drops from 90,000 units sold per year to 75,000 units sold per year.  Management, therefore, has determined that the product has a…. :               High Elasticity of Demand   Low Elasticity of Demand

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i need the answer quickly

1-Due to an increase in labor rates, the company estimates that variable expenses will increase by $3 per ball next year. If this change takes place and the selling price per ball remains constant at $25, what will be the new CM ratio and break-even point in balls? 2. Refer to the data in (2) above. If the expected change in variable expenses takes place, how many balls will have to be sold next year to earn the same net operating income, $90,000, as last year? 3. Refer again to the data in (2) above. The president feels that the company must raise the selling price of its basketballs. If Northwood Company wants to maintain the same CM ratio as last year, what selling price per ball must it charge next year to cover the increased labor costs?