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I need to know if cutting price by 10%, sales increase to how many

Question

Can someone please help me with this question. I need to know if cutting price by 10%, sales increase to how many

pizzas? And total revenue will increase to how much? Please help.

A local pizzeria sells five hunderd large pepperoni pizzas per week at a price of twenty dollars each. The price elasticity of demand for his pizza is -4. I need to know two things.

Thank you

 
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Macroeconomics

Question

I am in Econ 214 Macroeconomics I am hoping you can help explain how to calculate the average yearly budget

deficit based on budget and GDP information.  I have downloaded three different homework problems and they all three have different answers.   I would like to know how to calculate it, not just the correct answer.  See problem below.  

2000 2010
DebtGDP DebtGDP
Greece$138 $127 $455 $308
Ireland$34 $98 $ 124 $206
Portugal$62 $118 $ 203 $231
ySpain$292 $586 $734 $1,420

Thanks 

MJWeygs

 
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How would increased efforts to count those goods and services affect our calculation of GDP?

Question

How would increased efforts to count those goods and services affect our calculation of GDP?

 
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If Max receives an unemployment check

Question

<ol><li>If Max receives an unemployment check, would you include that transfer payment from

 the government in this year’s GDP? Why or why not? </li><li></li></ol>

 
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