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ID 19603
Eprint ID
19603
FullText URL
Author
Li Zhenzi
Osaki, Hirokazu
Kajihara, Yasuhiro
Abstract
In this paper, we propose the price determination method using the parameter of the price elasticity that shows the relation between price and demand. Firstly, the state of the price elasticity is examined under the condition that the relation between price and demand are assumed by the inverse proportional function, the linear function and the quadratic function. Secondly, the profit is estimated for each product by break even point analysis. And the price is determined under the condition that the relation between the demand and price is shown by one of three demand-pridce functions above mentioned.
Published Date
1997-03-28
Publication Title
Memoirs of the Faculty of Engineering, Okayama University
Publication Title Alternative
岡山大学工学部紀要
Volume
volume31
Issue
issue2
Publisher
Faculty of Engineering, Okayama University
Publisher Alternative
岡山大学工学部
Start Page
67
End Page
72
ISSN
0475-0071
NCID
AA10699856
Content Type
Departmental Bulletin Paper
language
英語
File Version
publisher
Refereed
False
Eprints Journal Name
mfe