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Title: Microsoft wants to calculate the effect of a worldwide 5% price cut on its sales of Excel to clients ... Post by: corie on Oct 24, 2017 Microsoft wants to calculate the effect of a worldwide 5% price cut on its sales of Excel to clients in different countries. Microsoft sells Excel at different prices in U.S., Japan and Europe. Before the price cut U.S. sales were twice sales in Japan and Europe. If the price of elasticity of demand in the U.S., Japan and Europe are -3, -4, and -2 respectively, the worldwide sales rise by
A) 10%. B) 15%. C) 20%. D) 25%. E) none of the above Title: Re: Microsoft wants to calculate the effect of a worldwide 5% price cut on its sales of Excel to ... Post by: Bart_arg on Oct 24, 2017 Content hidden
Title: Re: Microsoft wants to calculate the effect of a worldwide 5% price cut on its sales of Excel to ... Post by: Karan Gupta1 on Jan 8, 2021 thank you
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