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A product sells 450 2 A product sells 450 units at a price of $185 each. When price is increased to $200 each, sales decrease

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A product sells 450 2 A product sells 450 units at a price of $185 each. When price is increased to $200 each, sales decrease to 300. Recalling Price Elasticity of Demand (see formula sheet), here... PED equals 4.11 and demand is elastic PED equals 1.00 and demand is unitary PED equals 0.24 and demand is inelastic PED equals 0.24 and demand is elastic PED equals 4.11 and demand is inelastic Fixed Costs are NOT Fixed Costs are NOT usually thought of or estimated on a per unit basis. Which of the following situations is the exception2 O Figuring out and setting the Unit Selling Price for a product. Calculation of Required Level Sales Units for a profit. Calculation of Breakeven units. Calculation of Required Level Sales Dollars for a profit. Calculation of Breakeven dollars

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