OneahmadizEmillies OneahmadizEmillies
  • 04-01-2017
  • Business
contestada

If reynolds increases cigarette prices by 10 percent and the price elasticity of demand is 0.4, by how much money will its annual revenue of $11 billion increase?

Respuesta :

Affelay
Affelay Affelay
  • 05-01-2017
i think its
=12,100,000,000,000
Answer Link

Otras preguntas

Will an overall increase in the level of non-competitive consumption always increase social welfare, explain why?
Redbox places its vending machines in easy-to-reach areas around pharmacies, grocery stores, discount stores, and more. Most customers of Redbox purchase video
There are 3 identical Air Jordan's worn by THE Michael Jordan available for purchase at 3 different stores. ​ The original prices of the shoes are as fo
Solve the following equation, and check your solution. Solve -17 + = 33.
what’s the equation for a line with a x-intercept of -5 and y-intercept of 7
Okay last one! I need help with this one anybody???
Which of the following IRB members must be present during the IRB's discussion and vote on a proposal? a.A member who is unaffiliated with the institution. b.
A recent study reported that 29​% of the residents of a particular community lived in poverty. Suppose a random sample of 200 residents of this community is tak
José spends most of his time thinking about Sheila, the love of his life. This had led to José neglecting his course work. From a Freudian perspective José's ne
The legislative branch of government is the law-making branch- A) true B) false