- 3p The Firm Tradehero Offers An App Via The Google Play Store For Trading The App Can Be Downloaded At A One Off P 1 (68.36 KiB) Viewed 11 times
- 3p The Firm Tradehero Offers An App Via The Google Play Store For Trading The App Can Be Downloaded At A One Off P 2 (47.91 KiB) Viewed 11 times
(3P) The firm ,,TradeHero" offers an app via the Google Play store for Trading. The app can be downloaded at a one off price of €5? Google suggests to decrease the price of the app by €1, because sale figures of this app would go up by 25%. Calculate the elasticity and change in revenue. Use a "." ¹ (minus) and a dot "." if needed. and the change in revenue is As the sales manager of " TradeHero", would you agree to the price increase? --- bitte auswählen --- The elasticity must be %.
us) and a dot "." if needed. e is se? %. - bitte auswählen bitte auswählen Yes, because also profits rise, given that marginal costs of apps are close to zero Yes, because revenues go up and then a profit-maximising firm should always increase prices No, because lower prices always result in lower profits No, because one should never reduce prices It doesn't matter, when asuming costs close to 0 No, because revenues would go down and then one should never increase prices vereinbarung 621