Posted: December 19th, 2016
KRDY FM is contemplating a t shirt advertising promotion, monthly sales date from t shirt shops marketing the Listen at KRDY FM design indicate that: Q= 3,000 500P Where Q is T shirts sales and P is the price. A) How many T shirts could KRDY FM sell at $4 each? B) What price would KRDY FM have to charge to sell 2,000 T shirts? C) At what price would T shirts sales equal zero? D) How many T shirts could be given away? E) Calculate the point price elasticity of demand at a price of $4
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