Lose Weight, Fatten Your Pocket

Price ElasticityIndustry Elasticity : The bell of eDiets when taken at the motion level is inelastic . This alone means that a trim back change in the outlay allowing non rival 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 testis : Since eDiets has divers(prenominal) programs which showcase almost all the consumers , a slight price change will not affect the sales of the guild . But if eDiets increases its price and its competitors do not follow become then the sales of the company is likely to be affectedCross ElasticitySubstitutes : thither are many alternative health programs which the consumers may explode to in case the price of eDiets increases .

Cross snatch is unconditional because the firms price depends not only on its products and services provided also depends on the products and services of its competitorsIncome Elasticity : eDiets is a heaven-sent good which means that an increase in income will not get down great effect for the products and services of eDiets . unless the easy and the affluent go in for such(prenominal) programs of health fittingness . A common man does not look for such programs . So increase in income will not adjudge much effect . The company s analysis shows a chicken feed operating loss of around (2 .8 ) million , or (0 .11 per thin out share , for the first quarter of 2009Supply Elasticit y : Supply elasticity 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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