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Archive for 'stress management'

Home » Blog » stress management

Your Questions About Internet Marketing News

Posted in: Ask Maya
  |  by: Maya Mendoza
Tags: how to manage stress, Maya Mendoza, stress management

Betty asks…

can you give me news topic about marketing trends and if it is a threat or opportunities?

can you please help me because i don’t know how to start this assignment and i can’t find any in the internet thank you. And also suggest what product to replace with it like for example LPG price hike we can simply replace it by Charcoal. Thanks

Maya Mendoza answers:

Try social media marketing. This involves learning how to effectively use Facebook, blogs, Twitter, and forums to push your products and services.

Thomas asks…

Can I watch live morning news on the internet?

im in college now and want to keep up with the times but don’t have a tv. im especially interested in good morning america. i could care less about the stock market and such.

Maya Mendoza answers:

Www.bloomberg.com

It’s free and LIVE tv everyday.

David asks…

Why does the U.S. news always talk about the Asian stock market instead of the Western ones?

On my internet news, it always talks about how the Asian stock market is doing. Most of the time, it doesn’t even talk about how the European or US stock market is doing, even though it *always* talks about the Asian stock market. And this news service is American! Was this the case 10 years ago? Isn’t it true that, back then, a U.S. news agency would focus on how the US stocks were doing? Are the Asian stock markets more important than the New York Stock Exchange and the NASDAQ?

Maya Mendoza answers:

Its important to follow most of the stock markets around the world because most things are related. Getting information on the US stock market is easy they probably just want people to know how markets in other countries are doing who wouldnt oridinarily go out of their way to look up other markets.

Charles asks…

Is it possible to listen to Bloomberg radio on the internet?

What is the website to listen to Bloomberg radio, specifically market news, online?

Maya Mendoza answers:

Of course, you can listen to it on their official website.

Http://www.bloomberg.com/tvradio/radio/

Just click the green “Live Radio” button in the top right corner.

Note: It requires Windows Media Player and sometimes does not work in Firefox; however it works fine in IE.

Lizzie asks…

How do you use the Internet for your Small Business?

I’m just curious of how you use the internet. Is it to look up news or more so to market your business?

Maya Mendoza answers:

I use the internet to assemble bids, get current material prices, communicate with team members, locate potetial property buys, etc. If i didnt have the internet this place would fall apart.
I also use it to price check my competetors. LOL.

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Your Questions About Search Engine Optimization Techniques

Posted in: Ask Maya
  |  by: Maya Mendoza
Tags: how to manage stress, Maya Mendoza, stress management

Betty asks…

I am looking for a search engine optimization technique. is this effective/?

i have read search optimization technique ( http://webupon.com/marketing/how-to-start-using-search-engine-optimization-technique/) is this effective?
serious answers please….

Maya Mendoza answers:

Hi,
Sorry but please check your page the massage display as (404 | Page Not Found!
Sorry, but the page you were looking for is not here.)

Jenny asks…

using of joomla cms will affect search engine optimization in any way ?

Right now i am doing seo for an online university site and we planned to implement joomla content managrement system . I want to know implementing joomla will affect search engine optimization. To be more clear can we follow normal search engine optimization techniques if we implement joomla or is there any techniques available to do seo for joomla website .

Maya Mendoza answers:

You are talking about CMS premade web site systems. These templates are not made for SEO optimization friendliness. They often use a database factor and paramenters that do not do well with rankings, though they can be indexed. They do not offer proper page names, meta tags and so much more. I have had many clients with CMS sites who had many issues and problems as far as ranking, and we developed secondary informational web sites and blogs to help draw traffic.

CMS are wonderful sites for huge ecommerce, but again, there are major issues on the seo side.

Search engine optimization is not rocket science, but it is complex and it is an ongoing process that changes almost daily. There is no such thing as a permanent “fix” to magically send you to the top of the rankings for good. But here are some of the basics to look for when optimizing your site for the first time. There are some real simple things you can ask if they provided. FTp access to web site, not control panel, naming html pages with keywords, static html pages, use of xml sitemaps in root directory, use of h tags, different title and description tags for all pages, static text links, embedded text links and so on.

The Basics of Search Engine Optimization

The fundamental concepts behind Search Engine Optimization (SEO) are understood by most search engine marketers, but those new to the subject should find this article to be very useful. Informative articles on various aspects of SEO have been published here on MarketPosition.com over the years, and in this post I will summarize these concepts and provide links to relevant articles.

Keyword Research
The first step in SEO is to identify the search terms for which you would like your web site to rank well on search engines. We might believe that we know these terms already, but our intuition is often incorrect about how popular or competitive search keywords actually are in reality. People use all kinds of variations of phrases as they are searching for information on the internet. It’s important to identify these terms and use them in your site content exactly as people type them into search engines. To discover what these search terms are, a keyword research tool should be used. There are several free tools available, but most of the robust keyword research tools are subscription based.

Web Site Optimization
You now have your well researched keyword list in hand, and are ready to use the keywords in your web site content. How should these search terms be integrated into your web pages? How often should the phrases be used, and in what sections of the pages? Those are excellent questions and the answers are not known exactly because they depend on the algorithms used by search engines. However, it is generally agreed upon that search engines look at several different sections of a page when evaluating its content:

Title tag
Heading tag
Meta Keyword and Meta Description tags
Text within the Body area
Link text and Link URL
ALT attribute for Image tags (the ALT tag may be less significant than other areas of the page)

Search engines look at the various sections of the document for repeating patterns of keywords or phrases. For this reason, it’s important to have a keyword density within a specific range.

Web Site Design
Aesthetics and user friendliness are important elements of web site design, but there are a number of other things to consider to ensure a web site will be as friendly to search engines as possible.

HTML Validation
It’s important to ensure that the HTML code that makes up a web page is correctly formatted. If there are errors in the code, then search engine spiders may have difficulty indexing the page’s content. Use a HTML Validator to check the formatting of HTML code,

Site Map
It’s always a good idea to create a site map to make it easy for search engine spiders to index the site’s content. Link to every page on the web site that has relevant content, and place a link to the site map on the site’s home page. It may also help to sign up for the Google Sitemaps program to help ensure your content is indexed by Google.

Develop a Site Theme
One aspect of web site design that is often overlooked is theme development. If possible, organize your content so that particular themes are reinforced. Read Reinforcing Ideas and Improving Relevance to Gain Better Rankings for ideas to consider when organizing your site content.

Avoid Duplicate Content
It’s important to avoid duplicating content on the web site.

Comply with Search Engines’ Terms of Service
There are several practices to avoid to stay on good terms with search engines. Techniques like cloaking, hidden text, or spamming, for example, violate search engines’ terms of service. If a site is found to be using these types of blackhat techniques, it will typically be removed from the search engine’s index.

Build Link Popularity
The Link Popularity of a page is a term that refers to the number of other web sites that link to that page. Search engines typically consider how many other sites link to a page as a factor in determining that page’s ranking. The idea behind this is that if others link to a page, then they must consider that page’s content to be valuable in some way. However, all links are not weighted equally and it’s therefore important to try to encourage high quality web sites within your own theme area to link to your site.

Monitor Performance
Once your optimized web site is online, you’ll want to monitor its performance on the search engines. If the site is brand new, it should of course be submitted to the search engines, or perhaps resubmitted if necessary. Monitor the site’s positions on search engines for keywords of interest to identify areas where the site is performing well and areas that can be improved.

A web site that is positioned well in search engines should start receiving a significant number of visitors. To monitor traffic and other useful web site statistics, a web analytics solution such as WebTrends is recommended.

Conclusion
The art of SEO is a set of skills that can be learned and implemented by anybody who manages a web site. However, proper optimization and maintenance of the site requires time and effort, and the fundamental elements of SEO discussed above must be put into practice. Those who find they do not have the time or desire to implement their own SEO program, then hire an SEO Expert who incorporates all of the steps above.

Donald asks…

What is a good source for learning the technique of search engine optimization?

Maya Mendoza answers:

There is so much rubbish and out of date SEO advice on the web that it is very difficult to separate the truth from the fiction unless you are already an expert. For example the above advice contains at least two errors.

Forums are particularly bad because you get every possible shade of opinion and if you are a beginner you have no way of knowing what is correct.

I have found only two up to date, free, high quality tutorials:

http://www.seomoz.org/article/beginners-guide-to-search-engine-optimization

http://www.seo-blog.com/tutorial.php

Joseph asks…

search engine optimisation techniques?

how to make my web page top in the search

Maya Mendoza answers:

There are many factors involved, but you can always start with your pages’ meta tags and meta data (key words, descriptions, etc…) and also, the more links search engines find to your site on other relevant sites, the higher the ranking you might be able to get.
There are of course exceptions to the rules.

You can try to pay for it as well, if you want some professional to do it for you.

Http://www.funmediadesign.com

Good Luck

Charles asks…

How to do SEO (Search Engine Optimization) on php pages?

I have an existing website with a combination of html and php pages. I want to optimize some of these pages for search engines. Will the same techniques (keywords, descriptions, etc) that work on html pages work on php pages?

Maya Mendoza answers:

You optimize .php pages the exact same way you optimize .html pages. The search engines NEVER see your PHP code… They see the resulting HTML that gets rendered server-side by the PHP. It’s the HTML that is returned when the crawler requests the page that gets indexed and used for ranking.

As far was “what” to optimize, there is basically two types of optimization… On-page and off-page optimization. On-page optimization means using elements ON the page to help your page rank. Off-page optimization is using elements OFF the page (on other pages of your site as well as on pages on other sites) to help your page rank.

Overall, it is off-page factors that carry the most weight… I.e. Inbound links from other pages using your targeted keyword phrase or slight variations as the link text… Preferably from pages that are relevant to the topic you’re trying to rank for and pages with high PR or link popularity. It’s estimated that off-page factors might influence 70-80% of your overall ranking while on-page factors might influence 20-30% of your overall ranking.

Here’s a quick rundown of on-page factors:

Optimizing the title element is very important since it’s generally the most important on-page ranking factor for most search engines ranking algorithms. The title should target a single keyword phrase (possibly 2-3 IF they are VERY similar… Almost identical in meaning and keywords). Minimize “fluff” words in the title element as they reduce the keyword density within that HTML element and thus make the real keyword phrase(s) you want to rank for seem less important. Put the most important keyword phrase first in the title element if you have multiple keyword phrases in the title. Avoid putting your site name in the title as it only hurts your page’s ability to rank.

The h1 element is generally the 2nd most important on-page ranking factor. It should reinforce the keyword phrase(s) targeted in the title. Since it’s less important from a ranking perspective, it’s ok to add a few fluff words to give it more pazzazz or marketing flair. But again keyword density withing the h1 element does affect rankings slightly. Every page should have a single h1.

The h2 element is generally the 3rd most important on-page ranking factor. If your content lends itself to have sub-headers, then use them… Again targeting keywords from the title element.

Words that are emphasized using bold or strong/italics or em are given a little more weight than words that are not. But I avoid this as it tends to make pages look spammy.

Using keywords that your title is targeting in the page name is also useful. It’s a very minor ranking factor but MOST ranking factors are minor. It’s rarely any single thing that you do that makes a page rank well. It’s the sum of lots of small things that you do that when taken as a whole leads to good rankings.

Optimizing the meta keywords element is virtually worthless. Google and most search engines ignore it in their ranking algorithm because it has been sooooooooooo abused by blackhats and spammers over the last decade. Yahoo! Is still using it to rank pages as Danny Sullivan (a renowned SEO) proved just days after a Yahoo! Exec announced at SMX that Yahoo! Did NOT use it. I include a meta keywords element in all of my pages just for completeness (not for rankings). I use 5-10 keyword phrases and ONLY words/phrases that appear on the page.

The meta description is also ignored by Google and most search engines for the same reason… It is not displayed on the page so it has been abused by spammers and blackhat SEOs. BUT optimizing the meta description element is VERY important since having a good meta description with a call to action can greatly improve click-thru-rate when your page appears in the SERPs and the meta description is shown as the snippet of text for your organic listing. At Google they only show your meta description if all keywords in the user’s search phrase appear in the meta description. So I recommend including all keywords from your title in the meta description since the keyword phrases in the title “should” be the pages most often used to find your page if it is well optimized. This will maximize how often it is shown as the Google snippet.

As far as off-page factors (which are the absolute MOST important ranking factors at almost all engines):

The link text used in hyperlinks pointing to your page give the search engines STRONG clues as to what your page is about. Using “Click here” as link text for a hyperlink is worthless… It only helps you rank for the keyword phrase “click here”. Be very cognizant of how you link to your pages both on your site on from other sites where you might drop a link.

Inbound links from relevant and/or high PR pages on external sites with your targeted keyword phrase (from your page’s title) or slight variations are the MOST important thing you can do to help your page rank for its

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Your Questions About Digital Marketing News

Posted in: Ask Maya
  |  by: Maya Mendoza
Tags: how to manage stress, Maya Mendoza, stress management

William asks…

How to conform to manfacturing new type of printer…sth which will change the way printers are made ?

How can a news product be redefined to take over the modest thinking of 20th century printers?
Something along the lines of digital & mechanical press…

Any product design knowledge to be undertaken?
Does the inventor need market the product as well as bring optimistic forecast for making a product?

I’d like to know more by debate from engineers, product designers , & printers, as with business people for markets and leading shares of Printers for thr likes of Epson, OKI, and Brother.
Is designing better than ergonomics for thus use in next genration printer…

Maya Mendoza answers:

What is your expertise? In engineering? Printing? Colour theory? Paper? Electronics? Networking?

If you think you have a workable design, and you have some evidence it actually works, contact a patent lawyer and then the printer manufacturers.

Chris asks…

Is Obama cashing in on something that should be free?

AP Exclusive: Obama policy book coming out Sept. 9

http://news.yahoo.com/s/ap/20080811/ap_en_ce/books_obama;_ylt=Atmx643pkmamUw1SA7n2.6.s0NUE

“Change We Can Believe In: Barack Obama’s Plan to Renew America’s Promise” is coming out Sept. 9 as a paperback with an announced first printing of 300,000 copies and a list price of $13.95. Looking ahead to the digital market, the e-book, also $13.95, will go on sale the day before.”

Nothing personal about Obama but if he is running for the Whitehouse and he wants to write a book about his policies, then shouldn’t the entire information contained in the book be also avaiable to voters… FREE of charge.

if not, does that mean the rich get to know of the details of Obama’s policies but voters don’t??

girl, if that’s all the details Obama was putting in the book, then there wouldn’t be a need for a book
Jupiter – Someone supposedly profiting from oil prices, is a lot different than a candidate charging people to know what his policies are.

Maya Mendoza answers:

It is free..

Http://www.barackobama.com/pdf/ObamaBlueprintForChange.pdf

Maria asks…

Does this news article about textbook piracy make any sense?

A textbook case of piracy
By Alex Beam
Globe Columnist / September 9, 2008
I was heartened to learn that college kids are wielding the same Internet piracy tools they used to bring down the recording industry to download textbooks. Although the textbook oligopolists are fighting back mightily – the Association of American Publishers uses Covington & Burling, a take-no-prisoners law firm in Washington, D.C., to hunt down malefactors – there are at least two sites still around offering books: Textbook Torrents tends to be shut down, and moves around the Web, but the last time I checked, thepiratebay.org was offering such books as – well, you’ll see.

As a writer, how can I support this? I should be an absolutist on copyright protection for all books, magazines, and newspapers. But I’m not. The publishers have disgraced themselves, and they are paying the price. Three-hundred-dollar textbooks in the hard sciences are not unusual, and the companies are selling to a captive audience. Hundred-dollar add-ons, masquerading as digital workbooks, or problem-solving sets, are not uncommon.

Publishers love to put out bogus “new” editions to drive a stake though the heart of the used textbook market, which was gaining its second wind at online auction sites. It’s not as if calculus changed since Newton invented it, is the rallying cry you hear from student activists.

How do I know textbook publishers are nothing but pirates in pin-striped suits? Because when the fast-buck artists take over a company like Houghton Mifflin, they never talk about how proud they are to be publishing Philip Roth and J.R.R. Tolkien. They know they are going to make a killing in the profit-choked textbook division, which gorges on the goodwill of parents who want their children to be properly equipped for college courses.

Now most textbook publishers are going digital, and Amazon is promising a larger-format Kindle reader for the student market. The publishers say that iTexts, which often cost less than $100, save students money. But their opponents, led by a coalition of Student Public Interest Research Groups, point out that the password-protected digi-texts put the sword to the used-book market so despised by the publishers.

Congress has gotten into the act, legislating more “transparency” in textbook pricing in the just-passed Higher Education Opportunity Act. It looks like a jumble of half-measures to me. If it had any teeth, the publishers would be squawking madly.

A young Northeastern University student named Shawn Fanning wrung billions of dollars of excess profits from the record companies when he invented Napster. Yes, it’s true that recording “artists” now gouge young people 10 times more aggressively at the concert turnstiles than they ever did at Tower Records stores, which no longer exist around here. But Steve Jobs found the right price point for music at iTunes. Between the pirates and the publishers, we’ll find our way to the right price point for textbooks, too.

Now it’s time to arbitrage . . . tuition.

Don’t steal this book
Inevitably, a reviewer will call John Hanson Mitchell, author of “The Paradise of All These Parts: A Natural History of Boston,” a latter-day Henry David Thoreau, not necessarily a compliment. Call him what you will – in real life, he edits the Massachusetts Audubon Society magazine Sanctuary – he is a smart guy, walking around, paying attention. I’d name his genre nostalgic realism; Mitchell certainly knows where this city and its many peculiar institutions come from, and he understands modernity as well.

I love that his brother owns a boat named after Richard Henry Dana, and that it doesn’t have an engine – there’s Boston in a nutshell. I think this book will take its place next to Walter Muir Whitehill’s “Boston,” with engravings by Rudolph Ruzicka, as one of the treasured Hub tomes of our time.

Able was I . . .
Ere I saw Alaska? Send in your Sarah Palin-dromes! A palindrome is a phrase that makes sense read forward and backward – e.g., “Madam, I’m Adam.” I think there’s a lot to work with here: Is Levi vile? Close, but no cigar. I’ll buy the winner a used copy of the kind of book that Governor Palin wanted to keep out of her local library – “Huckleberry Finn,” perhaps.

Alex Beam is a Globe columnist. His e-dress is beam@globe.com.
http://www.boston.com/lifestyle/articles/2008/09/09/a_textbook_case_of_piracy/?rss_id=Boston+Globe+–+Living+%2F+Arts+News

Maya Mendoza answers:

Don’t you hate people that spell loses as “looses”

Donna asks…

I lost my websties/bookmarks, please recommend me some…?

Hi there,
6 months ago my laptop fried itself and I’ve only recently just had a new one built, the trouble is I can’t remember all the websites I used to hae bookmarked.
I had oodles of sites, everything from gaming, to technology, to sites like prank vote (comedy) to alternative (pseudo sciences) to news sites to online marketing forum/work forums – similar to digital point to torrent sites (for legal downloads) to random/cool sites.

Now as my brain has gone through and excessively tried to remember all it can I’m still sure there are sites that I have missed and left out. All the sites I used to visit made me years ahead of the game, for example, I would see something on the net 1-2 years before the masses started emailing it and showing it on tv news/stations.

I’ve already bookmarked a ton, like youtube, twitter, dailymotion etc…but nevertheless, if you guys have any sites that are in your favourites and you think I’ve forgotten to add them then please share them with me.
Also if you have any new sites/cool sites or even sites that have only come online in the last 6-7 months I’ve been without a pc/the net, then please also share them.

The person with the most unique and relevant sites will be awarded the best answer. Please don’t link to porn, sales sites or illegal sites of that nature.

Thanks and I look forward to your contributions,
kingdogol

Maya Mendoza answers:

That sucks! I feel for you. I have lost 2 computer’s memory including all my stuff so I know how you feel.

I dont know many good sites to recommend, but if you download stumbleupon you can set your preferences and stumble the web and find some really great stuff. And why would you want to be years ahead of the internet? I hate when I know something years before its big. Like songs and artists especially.

Laura asks…

How can i get my custom earth-sheltered Luxury housein Mesa ,AZ sold fast?

Hi ,
I have a luxury property in MESA,AZ .It is a custom earth sheltered home and majority of it is underground.It is horse property .But the realtors are not very much interested in marketing it and getting it sold as it is a rare kind of house in AZ.
The details of the property are as follows:—
I have a custom home to be sold at 759 G which is appraised at 850 G. The home is a custom home,earth sheltered, made of steel and concrete , custom hardwood floor with granite tops in kitchen ,toilets , fountain showers in the toilets , all fans remote controlled,digital dimmers ,plasma TV and a lot of more , chisseled granite tops , custom sinks and a lot more …………You must see it in person to appreciate the features that it is having because it is very much difficult to cover all it’s features in a few lines…
The house also has horse rights and has 1.25 Acre land along with it, the land in the neighbourhood is worth 300-350 G an Acre .

Apart from these there are indonesian artwork in the house .the other details of the property are as follows..
This is an unique home .When it was built the Maricopa County Officials sent Choppers to get it pictured !!!!!!!!!

It is unique of it’s kind .It has plenty of amenities in it …It is constructed of steel and concrete and also has a 42″ Plasma TV in it that is for free for the buyer.

Since the house is mostly under the earth it is extremely energy efficient.The details of the home are described as follows:

This home is a very unique property.

It is extremely energy efficient

It is an earth sheltered home

It is constructed of concrete and steel

It has recently been extensively remodeled and it is completely new from the floors on up

The lot is 1 acre plus

This property has horse rights and has no HOA

The home is 3100 square feet. It is a 4 BR/ 2.5 B with a loft. There is a 2 car garage.

There is also a 12′ * 12′ storage shed in the rear of the property. The front and back entrances are completely remodeled with granite.

kitchen—There are brand new stainless steel appliances throughout the kitchen. The kitchen also includes maple custom cabinets, as well as African Chesnut hardwood floors. The kitchen has granite counter tops, bar top and back splashes. The kitchen also includes a built-in pantry.

Bathrooms–The half bath on the main floor has a solid granite vanity and vessel sink. The 2ND bathroom has marble floors and travertine throughout. The shower features a soothing waterfall shower head.

The Asian-Zen master bathroom is truly amazing as it hosts an underground Indonesian rock waterfall in addition to a 320 gallon soaking tub. The Black Alor stone has been said to improve circulation. In addition there are slate floors, granite counter tops and granite vessel sinks with stainless steel faucets.

The den holds an amazing granite fireplace. In addition you will find a 42″ plasma screen T.V.

42″ PLASMA TV IS FREE !!!!!!!!!!!!!!!!!

A lot of other home improvement products are free
The property is landscape ready and comes with a $10,000.00 landscape allowance (with acceptable offer) which may be used towards the closing costs as well.

The one of a kind all-granite wrap around deck is a perfect place for entertaining or relaxing with the family.

It offers gorgeous mountain views and the perfect place to watch the sunset

INTERESTING FACTS:
This is truly a home ahead of its time. When it was being built in 1983 the local news channel sent helicopters to photograph and ran a story on it as it is was quite a head turner then and even more of one now due to the improvements and upgrades.

100% FINANCING IS AVAILABLE- the buyer will have an answer from the loan officer within 15 minutes and final paperwork is estimated to take no longer than 10-15 days.

Photos at [url]http://picasaweb.google.com/kishaloy.bhowmick/Eaarthhome[/url]

Also the property is located in the mountainside areas where there are a lot of custom luxury properties and it is just 10 mins away from the lakes…

Now can you guys suggest me ways in order to market the property .My company is transferring me to CA and this propoerty which has been my dream home is becoming a pain in the neck.

Can you suggest me anyway of showing it on Realty TV or something so that i can get rid of this asap.
The address is 1123 N 104th St ,Mesa,AZ

Maya Mendoza answers:

There is a reason realtors are not interested much in this property. As much as YOU seem to love it, this is a strange property, and probably won’t bring at market what you think it will.

In our area, we have similar issues with earth homes, geodesic domes, or any other type of residence which varies substantially from ‘conventional’. These types of homes need special buyers who also like the same things you like. Do not expect a quick sale, and do not expect offers at anywhere near full price.

As much as I hate to tell you this, your idea of a ‘dream home’ is YOURS, and not necessarily everyone else’s dream. These are the chances you take when you elect to build a house which is ‘out of the ordinary’.

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Your Questions About Digital Marketing Jobs

Posted in: Ask Maya
  |  by: Maya Mendoza
Tags: how to manage stress, Maya Mendoza, stress management

Ruth asks…

What jobs can be offered with a film and digital media major?

I am currently a music and entertainment marketing major. I am thinking of switching my major to film and digital media. I don’t think business is for me. I want to work with music. Is this an appropriate major for what I want to do?

Maya Mendoza answers:

There will be very few jobs available.

Lisa asks…

Assume that after graduation, you land a marketing job with Canon – in the digital camera division.?

After introducing a new digital camera, you estimate that the price elasticity of demand for the camera equals 2 and the income elasticity is equal to 0.5. Furthermore, the cross-price elasticity with a similar Kodak camera is equal to 1.25.

Based on the above elasticity information, you would conclude for the new Canon camera:

A.the product demand is elastic and if your firm (Canon) increases the price of its new camera, total revenues will increase.
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