You are the city manager and need to improve the total revenue of the services provided to the area residents. Your services include water, garbage collection, and electricity.
You are well aware of the inverse relationship between prices charged by the city and the level of these services used. Using the elasticity concept explain, in detail, how you would go about raising the city’s revenue from these services.
Provide any graphics or other visuals to support your answer.
Directions to student: The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response. You will be writing three or more discussion posts per week.
Your main post must be two to three substantive paragraphs 150-200 total words and include at least two APA-formatted citations/references.
You are well aware of the inverse relationship between prices charged by the city and the level of these services used. Using the elasticity concept explain, in detail, how you would go about raising the city’s revenue from these services.
Provide any graphics or other visuals to support your answer.
Directions to student: The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response. You will be writing three or more discussion posts per week.
Your main post must be two to three substantive paragraphs 150-200 total words and include at least two APA-formatted citations/references.
Field of study:
No answers yet