Price ElasticityIndustry Elasticity : The bell of eDiets when taken at the exertion level is inelastic . This completely means that a svelte change in the toll departing not allude 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 eggs : Since eDiets has divers(prenominal) programs which showcase almost all the consumers , a slight price change will not affect the sales of the family . But if eDiets increases its price and its competitors do not follow effort then the sales of the company is likely to be affectedCross ElasticitySubstitutes : on that point are many alternative health programs which the consumers may fag out to in case the price of eDiets increases .
Cross childs play is compulsive because the firms price depends not only on its products and services still also depends on the products and services of its competitorsIncome Elasticity : eDiets is a extraordinary good which means that an increase in income will not get down great effect for the products and services of eDiets . whole the easy and the affluent go in for such(prenominal)(prenominal) programs of health physical fitness . A common man does not look for such programs . So increase in income will not contain much effect . The company s analysis shows a dirty money operating loss of around (2 .8 ) million , or (0 .11 per beautiful share , for the first quarte r of 2009Supply Elasticity : Supply elastic! ity 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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