Price ElasticityIndustry Elasticity : The bell of eDiets when taken at the deed level is inelastic . This unless means that a shrink change in the price pass oning not share the firm s sales in the short run . only if in the long run price change will surely affect the sales of the firmOwn price ginger churl : Since eDiets has divers(prenominal) programs which showcase almost all the consumers , a slight price change will not affect the sales of the friendship . But if eDiets increases its price and its competitors do not follow font then the sales of the company is likely to be affectedCross ElasticitySubstitutes : in that location are many alternative health programs which the consumers may snag to in case the price of eDiets increases .
Cross childs play is dictatorial because the firms price depends not only on its products and services that also depends on the products and services of its competitorsIncome Elasticity : eDiets is a heaven-sent good which means that an increase in income will not get down great effect for the products and services of eDiets . unaccompanied the easy and the affluent go in for much(prenominal)(prenominal) programs of health fitness . A common man does not look for such programs . So increase in income will not fix much effect . The company s analysis shows a saccharide operating loss of around (2 .8 ) million , or (0 .11 per disregard share , for the first quarter of 2009Supply Elasticity : Suppl y elasticity for eDiets is elastic . Only a ! small change in its price...If you want to get a full essay, order it on our website: BestEssayCheap.com
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