Business, 09.09.2020 04:01 mewings

The Salty Pawz margins are good, but would Wanda be better off by lowering prices and potentially selling more? Would dropping her price even make a difference, or would she just be giving away her profits? What would be the impact on demand if she reduced her price? Use the “Supply and Demand” data beginning on page 9 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.

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The Salty Pawz margins are good, but would Wanda be better off by lowering prices and potentially se...