When apple raised the price of itunes from 99c to 129 gs, Ask an Expert

Management Studies

When Apple raised the price of iTunes from 99c to $1.29, GS Boyz’s “Stanky Legg” sales dropped from 22,686 units to 19,692 units (Glenn Peoples, “iTunes Price Change: Sales Down, Revenue Up in Week1,” Billboard April 15, 2009). What was the song’s arc elasticity of demand?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92243665
Price:- $10

Guranteed 24 Hours Delivery, In Price:- $10

Have any Question?Write your Review or question?

Related Questions in Operation Management

The concept is social media and personal identity1 why did

The Concept is :Social Media and Personal Identity 1. Why did you choose this theory or concept? What is the theory or concept important to you? 2. How does this theory or concept relate to your idea of communication com ...

Fact patternsfinley entered into a written contract with

Fact Patterns Finley entered into a written contract with the board of harbor commissioners to repair the seawall on the Waterfront San Francisco. The contract provided for progress payments on the work, with 25% being w ...

Bob richards the production manager of stella elements in

Bob Richards, the production manager of Stella Elements, in Boca Raton, Florida, is preparing his quarterly report, which is to include a productivity analysis for his department. One of the inputs is production data pre ...

1 describe an action a regulatory agency took against a

1. Describe an action a regulatory agency took against a business in the past 6 months. Post a link to your source. Do you agree or disagree with the action? Explain your reasoning and support it with the materials from ...

1 suppose that bobs company uses exponential smoothing to

1. Suppose that Bob's company uses exponential smoothing to make forecasts. Further suppose that last period's demand forecast was for 20,000 units (Ft) and last period's actual demand was 21,000 units (At). Bob's compan ...

Although upselling is important to the hotel it may cause

Although upselling is important to the hotel, it may cause guess discomfort if it is too aggressive. There is a fine distinction between professional upselling an intentional "hustling". Acting as the guest service agent ...

Also point-of-purchase promotional materials are a popular

Also point-of-purchase promotional materials are a popular form of sales promotion. Because space is at a premium in most grocery stores, this promotional material is strategically located on the floor. There is a compan ...

A baker bakes fresh apple pies at the beginning of everyday

A baker bakes fresh apple pies at the beginning of everyday. At the end of the day, unsold pies are reduced in price by 70% and always sell out for this lower price instantly (discounted products are sold at a loss). If ...

Instructions healthcare financial management athere are

Instructions: Healthcare Financial Management a... There are four basic budgeting systems, each with its own pros and cons. The four types are: 1. Static Budgeting 2. ZeroBased Budgeting 3. Flexible Budgeting 4. The Roll ...

1 explain the benefits for adopting international

1. Explain the benefits for adopting international accounting standards for investors and for international businesses? 2. Describe the differences between an international strategy and a transnational strategy. Why woul ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert