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Q. A computer manufacturer developed the following demand curve.

Q = - 700(P) + 80(I) - 500(S) + 0.01(A)
Where P is the price of a computer, I is income of computer purchasers ($45,000), S is the price of software ($400) and A is the company advertising expense ($50,000,000)

How much will computers sales change by if the company increases computer price by $100 from $1,000 to $1,100?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9722341

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