Sailright inc manufactures and sells sailboards management, Ask an Expert

Economics

Sailright Inc. manufactures and sells sailboards Management believes that the price elasticity of demand is -3.0. Currently, boards are priced at $500 and the quantity demanded is 10,000 per year. If the Price is increased to $600, how many sailboards will the company be able to sell each year?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91299020

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