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{"ops":[{"insert":"UESTION TWO: TV is contemplating a T-shirt advertising promotion. Monthly sales data from T-shirt shops marketing the \u201cEye Watch KRMY-TV\u201d design indicate that"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":" Q = 1,500 \u2013 200P"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"where Q is T-shirt sales and P is price."},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"A. How many T-shirts could KRMY-TV sell at $4.50 each?"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"B. What price would KRMY-TV have to charge to sell 900 T-shirts?"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"C. At what price would T-shirt sales equal zero?"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"D. How many T-shirts could be given away?"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"E. Calculate the point price elasticity of demand at a"},{"insert":"\n"}]}
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