Question 9

题目

Question 9
At a certain ice cream parlor,customers can choose among five different ice cream flavors and can choose either a sugar cone or a waffle cone.Considering both ice cream flavor and cone type,how many distinct triple-scoop cones with three different ice cream flavors are available?
Question 10
A firm selling Manchester United pillowcases for $10 currently generates an annual turnover of $ 500,000.Variable costs average at $4 per unit and total annual fixed costs are &100,000.The marketing director is considering a price increase of 10%.Given that the price elasticity of the product is believed to be 0.4,please calculate:(Price elasticity = % change in quantity demanded / % change in price)
A.x05The old sales volume (EXPRESS IN UNIT TERMS)
B.x05The new sales volume (EXPRESS In UNIT TERMS)
C.x05The new revenue (EXPRESS IN $ TERMS)
D.x05The expected change in profit following the price increase (EXPRESS In % TERMS)

答案

1.500000/10=50000
2.P=-0.4*10%=-4%,销量n=50000*（1-4%）=48000
3.M=48000*（1+10%）*10=528000
4.旧利润=500000-4*50000-100000=200000
新利润=528000-（48000*4+100000）=236000,利润增长率=36000/200000=18%