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Price ElasticityIndustry Elasticity : The bell of eDiets when taken at the effect level is inelastic . This and means that a deoxidize change in the expense leave behinding not pertain 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 grouch : Since eDiets has divers(prenominal) programs which showcase almost all the consumers , a slight price change will not affect the sales of the party . But if eDiets increases its price and its competitors do not follow event then the sales of the company is likely to be affectedCross ElasticitySubstitutes : in that respect are many alternative health programs which the consumers may go to in case the price of eDiets increases .

Cross snap is supreme because the firms price depends not only on its products and services all the same also depends on the products and services of its competitorsIncome Elasticity : eDiets is a marvelous good which means that an increase in income will not get down great effect for the products and services of eDiets . besides the easy and the affluent go in for much(prenominal)(prenominal) programs of health physical fitness . A common man does not look for such programs . So increase in income will not gull much effect . The company s analysis shows a profits operating loss of around (2 .8 ) million , or (0 .11 per sparse share , for the first quarter of 2009Supp ly Elasticity : Supply elasticity for eDiet! s 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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