Miss Ruby designs and makes large ornaments for grand buildings.

Vendor: CIMA
Product: BA1
Update on: Jul 28, 2025
Questions: 468

CIMA BA1 Question Answer

Miss Ruby designs and makes large ornaments for grand buildings. She is informed that her range of candle sticks have a price elasticity of-1.2

Which of the following plans would be most appropriate?

Produce more candlesticks

Create more ornate candlesticks which have a higher cost per product

Run an expensive ad campaign in an interior design magazine

Increase the price of candle sticks

CIMA BA1 Summary

Price: $52.5 ~~$149.99~~