intprice - 6075 7704.17 9375 36972.02 Elasticity 2.5 2.5...

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Linear Demand Page 1 Price dependence on exchange rate Current $/DM 0.67 0.4 0.5 0.6 0.67 0.7 0.8 0.9 1 Unit Cost US $ 60 60 60 60 60 60 60 60 60 Current price DM 150 180 165 155 150 147.86 142.5 138.33 135 Current demand 100 50 75 91.67 100 103.57 112.5 119.44 125 Current profit US$ 4000 600 1687.5 3025 4000 4505.36
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Unformatted text preview: 6075 7704.17 9375 36972.02 Elasticity 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 Price DM demand 150 100 151.5 97.5 slope-1.67 Demand = 350-(5/3)*price intercept 350 A B C D E F G H I J K 1 2 3 4 5 6 7 8 9 10 11 12 13 14...
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This note was uploaded on 03/17/2010 for the course ACCT acct 4360 taught by Professor Robert during the Spring '10 term at DeVry Colorado Springs.

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