Can you briefly explain what the number 50 stands for in Example 5 Chapter 7 on pricing.
I know A is equal to 50 but confused what the number 50 relates to.
Thanks
Sharon
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DEMAND EQUATION
9y ago#1It is the selling price at which the demand will be zero (as per the formula sheet).
Have you not watched the free lectures on this chapter?
(There is no point at all in using the lecture notes without watching the lectures - they are only lecture notes, and it is in the lectures that I explain and expand on the notes. If you are not watching the lectures for any reason then you need to buy a Study Text from one of the ACCA approved publishers and study from there if you are to pass the exam.)
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