2. Calculate for Optimal Mark upon cost and Optimal Mark upon price
Product Price Elasticity Optimal Mark upon cost(%) Optimal Mark upon Price(%)
A -1.50
B -2.00
C -2.50
D -4.00
E -5.00
F -10.00
G -15.00
H -20.00
I -25.00
J -50.00
K -60.00
2. Calculate for Optimal Mark upon cost and Optimal Mark upon price
Product Price Elasticity Optimal Mark upon cost(%) Optimal Mark upon Price(%)
A -1.50 200% 67%
B -2.00 100% 50%
C -2.50 67% 40%
D -4.00 33% 25%
E -5.00 25% 20%
F -10.00 11% 10%
G -15.00 7% 7%
H -20.00 5% 5%
I -25.00 4% 4%
J -50.00 2% 2%
K -60.00 2% 2%