The diagram below shows a demand line (green) and revenue curve (red) for a certain good. The horizontal axis is price in £. For the demand line, the vertical axis gives the number of units sold. Find the equation of the green line, the demand D in terms of price P and the correct equation of revenue curve. 10

The following table contains a monthly demand and supply schedule for large, single- topping, carry-out pizza Pizza Price  (per pack) Quantity demanded for pizza (per pack) Quantity supplied for pizza (per pack)  Quantity demanded for good Y $21 6000 7900 6000 $19 7000 7200 8000 $17 8000 6500 10000   (A) Calculate the price elasticity Of demand (PED) for good X when price fall from S 19 to $ 17.    (B) Suppose you are the sellers of pizza based on the value of PED obtained In your answer for  Question(A), would you or would you not raise the price of pizza? Why?    (C)What S the cross elasbcity of demand (CED) of Good Y when price of carry-out pizza fall from $19 to S17? How is pizza and the Good Y related?

(Figure: Demand Curves) The figure shows four different demand curves for four products: A, B, C and D. Which of the products has the most elastic demand curve? Price Demand Price Price Price LEAR Demand Demand Demand Quantity Quantity Quantity Quantity O product C product B product D Oproduct A

To calculate the percentage change in price, the midpoint formula divides the ____________ and then multiplies by 100.       change in price by the initial price.     change in price by the average of the initial and the new price         change in price by the average of the initial and the old price         change in quantity demanded by the new price

Price Refer to the below diagram, which shows demand and supply conditions in the competitive market for product X. A shift in the demand curve from D, to Do might be caused by B C Quantity O a decline in the number of buyers in the market. a decline in the price of a substitute good. an increase in incomes if the product is a normal good. an increase in incomes if the product is an inferior good.

1. Online the timing and tailoring of prices to specific models of products is the key to successful pricing in online markets. And “Thanks to the ready availability of data in online markets, a pricing manager can easily approximate the elasticity of demands for the different products it sells online.” Assuming a 10 percent decrease in price increases sales by 28 percent, calculate the price elasticity of demand? If the wholesale price of the online product is $50 and sells at a price comparison site that charges $.50 per click and boasts a conversion rate of 5 percent (an average of 20 clicks are needed to generate a sale). What price should you charge for the product? What is the optimal markup on cost? 2. The authors assert that price sensitivity is affected by (1) product life cycles, and (2) numbers of competitors. In fact, “when the number of competing sellers doubles, a firm’s elasticity of demand is expected to double (and you should be able to verify this through…

5. If Reebok Shoes (RS) experiences a decrease in popularity, which of the following would happen? a shift in the Demand curve for RS to the right a movement along the demand curve for RS, downward and to the right a shift in the supply curve of RS to the right a shift in the Demand curve for RS to the left no shift in the Demand curve for RS

5. Consider the following demand function: Q = 150- 2P. a. Calculate the price elasticity of demand where price is P = 15. b. Interpret your answer. c. Transpose the demand function into an inverse demand function. d. Derive the revenue function, R(Q), associated with the inverse demand function.

Please answer C and D:

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working