$53,000. Average Restaurant General Manager salaries for job postings in Seattle, WA are 8% higher than average Restaurant General Manager salaries for job postings nationwide.verage Restaurant General Manager salaries for job postings in Seattle, WA are 8% higher than average Restaurant General Manager salaries for job postings nationwide.
The standardized formula for measuring price sensitivity is: Price Sensitivity = (Change in Quantity Purchased / Change in Price)*%. Example: In order to observe the price sensitivity, let us consider that, when Nestle apple nectar prices increase by 60%, the juice purchases fall with the figure of 25%. Using the mentioned formula we can easily calculate the price sensitivity for nestle apple nectar: Price Sensitivity = -25% / 60% = -0.42. Therefore, we can conclude that for every of the percentage with which the Nestle apple nectar price increases; it affects the purchase by almost more than half percentage.
where p is the price (in dollars) and q is the demand in hundreds of quarts. We know that if the demand. is 1000 quarts, the price is $2.50. Furthermore, if the demand is 500 quarts, the price is $3.75. Use this. information to find the revenue function R(q). To solve this problem, we first need to create the demand function p = D(q) and then use it to find the. revenue function R(q). Find the Demand Function. Since the demand function is linear, we know that it can be written in slopeâintercept form as.