The Salty Pawz margins are good, but would Wanda be better off to lower prices and possibly sell more? Would dropping her price even make a difference or would she just be giving away her profits?
The Salty Pawz margins are good, but would Wanda be better off to lower prices and possibly sell more? Would dropping her price even make a difference or would she just be giving away her profits?
Between recalls on mass-produced commercial dog food and a general understanding of the benefits of a healthier diet for pets, the demand for natural or organic dog food is experiencing a significant increase. Wanda’s treats are not cheap, and she wonders if maybe Salty Pawz products are overpriced. Wanda knows nothing about the economics of supply and demand, so she comes to you for advice.
Having Trouble Meeting Your Deadline?
Get your assignment on The Salty Pawz margins are good, but would Wanda be better off to lower prices and possibly sell more? Would dropping her price even make a difference or would she just be giving away her profits? completed on time. avoid delay and – ORDER NOW
Your Task
The Salty Pawz margins are good, but would Wanda be better off to lower prices and possibly sell more? Would dropping her price even make a difference or would she just be giving away her profits? What would the impact on demand be if she reduced her price?
Use the “Forecasting Supply and Demand” data in the “Financial Information” section of the Salty Pawz Case Study. The information there illustrates the potential impacts on quantity supplied and quantity demanded at various price points for Salty Pawz products.
Using the charts and data, create a graphical representation of Supply and Demand Curves for the four Salty Pawz products that Wanda sells.
For each product, determine the equilibrium point where Quantity Supplied = Quantity Demanded
CRITERIA
Create graphical representations of the supply and demand curves for the four Salty Pawz products.
Accurately determines equilibrium point for each Salty Pawz product.
Provides analysis of impact of lower product prices that is qualified with data from data and graphical representations.
Provides explanation of impact of dropping price that is qualified with data from data and graphical representations.
Explains impact on demand based on reduction of product price, and substantiates with data and graphical representations
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Order Now and we will direct you to our Order Page at Litessays. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.