PRICE ELASTICITY ON DEMAND

PRICE ELASTICITY ON DEMAND

 

You are the city manager and need to improve the total revenue of the services provided to the area residents. Your services include water, garbage collection, and electricity.

You are well aware of the inverse relationship between prices charged by the city and the level of these services used. Using the elasticity concept explain, in detail, how you would go about raising the city’s revenue from these services.

Provide any graphics or other visuals to support your answer.

 

Directions to student: The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response. You will be writing three or more discussion posts per week.

Your main post must be two to three substantive paragraphs 150-200 total words and include at least two APA-formatted citations/references.

 

DISCUSSION #2- MULTIPLANT ECONOMICS OF SCALE

 

Multiplant economies of scale have changed the American business landscape for the past 30 years.

Discuss the impact of such plants and compare their economies of scale with small businesses in your own hometown. In your discussion, provide a specific example of a company that has been able to bring about these multiplant changes and its impact on the local economy.

Directions to student: The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response. You will be writing three or more discussion posts per week.

Your main post must be two to three substantive paragraphs 150-200 total words and include at least two APA-formatted citations/references.

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