Schedule mock interviews on the Meeting Board, join the latest community discussions in our Consulting Q&A and find like-minded Interview Partners to connect and practice with!

Victoria

on Nov 04, 2023

Global

Question about

Calculating Price based on Elasticity of Explorer Group

For section 3, where we need to calculate the adjusted price of explorer group, why we use the maximum capacity 990 instead of the 900 demand from explorers when calculating the potential price change (where the answer says"The new price would therefore be €161.50, instead of the previous €170.")? The actual demand is 900 not 990

1.1k

Be the first to answer!

Nobody has responded to this question yet.

Top answer

Ian

Coach

on Nov 05, 2023

Top US BCG / MBB Coach - 5,000 sessions |Tech, Platinion, Big 4 | 9/9 personal interviews passed | 95% candidate success

Hi Victoria,

As I flagged in your last Q&A, screenshots and better clarity are needed for us to best help you!

Personally, I don't see the 990. Rather, in the section you mentioned, their solution does indeed say 900:

Cristian

Coach

on Nov 07, 2023

#1 rated McKinsey Coach | top MBB coach

Hi Victoria!

Actually, I struggle to find the 990. Can you send a screenshot of where you see it in the case?

Good luck!
Cristian

———————————————

Practicing for interviews? Check out my latest case based on a first-round MBB interview >>> CodeWave