4. The table shows a company's yearly profit beginning Time Since 2004 (years) Profit 12.3 11.9 (hundred thousands of dollars) Use a quadratic regression to predict the company's a. 469000 b. 705000 C. 700000 d. 674000
Q: Miguel and Jake run a paper company. Each week they need to produce 1,000 reams of paper to ship to…
A: Marginal rate of technical substitution is the ratio of marginal product of labor and marginal…
Q: Demand for Product Z 12 4, 10 10 8, 8 16,6 24,4 4 30. 5 10 15 20 25 30
A: Elasticity measures the responsiveness of quantity demanded with respect to change in price.
Q: .. Consider a market that consists of 50 consumers, i = 1, .., 50, each with the following quasi-…
A: Since the question you have posted consists of multiple parts, we will answer the first three…
Q: Alibaba is a Chinese e-commerce firm similar to Amazon.com in the United States. It has increased…
A: Sales refer to the process of exchanging goods or services for money. The producer or seller of the…
Q: 15. Assume that an entrepreneur's short-run total cost function is C = q³ - 10q² + 17q + 66.…
A: Given The total cost function in the short-run: C=q3-10q2+17q+66 ... (1) Market price = 5…
Q: A Machine costs ₱80,000 and an estimated life of 10 years with a salvage value of ₱5,000. What is…
A: Given:- Initial cost of asset(Machine)=P80,000Life=10 yearsSalvage value=P5,000 To calculate:- Book…
Q: According to Hickel how do rich countries de-develop? And the effects on it to the countries
A: *Answer:
Q: 5. Compare the alternatives shown on costs using an interest rate of 15% per year. the basis of…
A: Capitalized cost refers to the cost that is assed to the cost for a fixed asset in a balance sheet…
Q: If the opportunity cost of working outside the home decreases then it is likely that assuming all…
A: 2) The opportunity cost is the cost of giving up the next best alternative for the current…
Q: If the Federal Reserve Bank intends to act on monetary policy in the nea future, it will most likely…
A: When talking about monetary policy, Federal Reserve is the managing authority in the United States…
Q: Question 4 Given the isocosts and isoquants of various quantities of labor and capital in the ficure…
A: Isoquant shows different combinations of two inputs for a given level of output to be produced,…
Q: Moe divides his time between studying Physics and studying Economics. His production possibilities…
A: Production possibility curve (PPC) depicts the combinations of two goods that an economy can produce…
Q: On a land worth P800,000, an investor constructs a building worth P3,000,000. The owner estimates…
A: Given, Land worth : P800,000Building worth : P3,000,000Receipts from Rentals : P720,000Maintenance…
Q: In 2016, country A faced unfavorable weather conditions. Wheat production decreased to 450kg.…
A: The gross domestic product (GDP) is the market value of goods and services produced within a year on…
Q: A firm has two opportunities for a new plant location, one is in China and the other is in Mexico.…
A: A firm has two opportunities for a new plant location, one is in China and the other is inMexico The…
Q: Give an example of a concept learned in this course that you think may be associated with strong…
A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…
Q: 24.Use the graph to answer the question Where on the graph would firms be experiencing diseconomies…
A: Ans. Diseconomies of scale are a situation of cost disadvantage when a firm changes its size of…
Q: Which of the following explains "market failure" (or non-via O a. consumption-smoothing. O b. moral…
A: Hi! thanks for the question since you have asked the 10th question so I am answering that only.
Q: Juan is 25 years old today. A year from now (i.e., on his 26th birthday) he will deposit $7,000 in a…
A: Compound interest is calculated by multiplying the initial principal amount by one plus the annual…
Q: ween studying Physics and ing Ecc for nis inlai grade " each class is shown in the accompanying…
A: The production possibilities curve (PPC) is a graph that shows all of the different combinations of…
Q: A loan was to be amortized by a group of four end-of-year payments forming an ascending arithmetic…
A: An interest rate refers to the quantity charged through a lender to a borrower for any form of debt.…
Q: Assume that Peter's short run Total Cost Curve is TC = 20,000q- 200q² +q*. Calculate his (short run)…
A: Average total cost is total cost divided by quantity. ATC = TC / q => ATC = (20,000q - 200q2 +…
Q: In the Neo-Classical macro model, a decrease in the money supply will O Decrease the price level,…
A: Answer is given below
Q: 4. The graph below shows the efficient contracts and the contract curve. a. Explain the relationship…
A: In an edgeworth box, the contract curve is the sum of all the pareto efficient points.It is the line…
Q: Ali has a utility function u(x, y) = 5lnx + 2lny. Consider that the price of x is 100 TL, the price…
A: Utility function: u(x,y) = 2lnx + 2lny ------------------------- Price of x (Px) is 100 Price of y…
Q: 15. Assume that an entrepreneur's short-run total cost function is C = q3 – 10q? + 17q + 66.…
A: Solution:- 1st part:-
Q: Explanation it correctly and details Q)Suppose that economists observe than an increase in…
A: Crowding out is a situation when there is a reduction in private investment spending due to an…
Q: Use the chart to answer the following question. ? Reduce the number of quotas Growth of trade Reduce…
A: The chart has the following : Reduce the number of quotas. Growth of Trade Reduce protective…
Q: The public welfare spending category for state and local governments includes many programs that are…
A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Lwando owns a delicatessen, namely Foodies Paradise. Lwando has determined that he needs R5 000 cash…
A: Shoe-leather cost is defined as the cost to the individuals who have been a frequent visitor to the…
Q: Television Viewing A study of 415 randomly selected kindergarten students showed that they have seen…
A: It is given in the question that, The mean (X-) is equal to 5000. Sample size (n) is equal to 415.…
Q: What is interesting about one of the HRM Functions, "Compensation and benefits
A: In HRM, compensation and benefits relate to the wage, monetary, and non-monetary benefits that a…
Q: With the existence of negative externality, determine the socially efficient level of output and…
A: In this question:- The marginal private cost(MPC)=6Q and Marginal private benefit=(MPB)=360-4Q 1. If…
Q: What is the difference between a white noise model and a random walk model?
A: White Noise Model is defined as a statistical model where the variations in a data cannot be…
Q: How can SoleRebels the company use sustainability to create greater competitive advantage in the…
A: A company can use sustainability to gain a competitive advantage in the future by following the…
Q: If a firm operates in a demand-driven market, then it should expect to face: a. Massive…
A: The demand-driven market is a market that works according to the latest trends in the market.
Q: Question 2 Which of the following statements is true? OExternalities exist when the private costs…
A: Externality refers to spill-over effects of a good on society.
Q: Market demand is: P = 80-Q The monopolist's total cost is: TC = 50Q a. Write the marginal revenue…
A: Optimal output is produced where MR=MC.
Q: Discuss the need for ethical frameworks in the employment sphere.
A: Ethical frameworks are viewpoints that can help you decide which course of action is the most…
Q: Explain how and why the "invisible hand" works to ensure that producers provide quality services and…
A: here we explain how and why the “invisible hand” works to ensure that producers provide quality…
Q: To fight a recession, the Fed might: a. increase the reserve requirement and the discount rate b.…
A: Recession is a period of decreasing economic activity, that is falling GDP
Q: Figure 1 The vertical distance between points A and B represents a tax in the market. Price 12 11+…
A: Equilibrium in the market occurs at the intersection of demand and supply curves
Q: Computer Depot, a national computer retailer, has kept a record of the number af laptop computers…
A: Percentage:(number of days above 40/total days)*100
Q: The table shows total cost and total revenue information for a perfectly (or purely) competitive…
A: In perfect competition there are large number of firms selling homogeneous goods.
Q: 1. X1 and x2. The price of x, is $80 per unit and the price of x2 is $40 per unit; x1 and x2 are…
A: Disclaimer :- As you posted multipart questions we are supposed to solve the first 3 questions only…
Q: Recall a sharecropping agreement is where a farmer provides a percentage of their yield to a…
A: Given diagram VMP represents when farmers hires labor and there is no share cropping. a%*VMP…
Q: In Minsky's theory, all other things being equal, greater measures of leverage in investment result…
A: Keynes' investment theory of the cycle, according to Minsky, is incomplete because it does not…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
- Oregon Fiber Board makes roof liners for the automotiveindustry. The manufacturing manager is concerned aboutproduct quality. She suspects that one particular failure, tears in the fabric, is related to production-run size. An assistantgathers the following data from production records: a. Draw a scatter diagram for these data.b. Does there appear to be a relationship between run sizeand percent failures? What implications does this datahave for Oregon Fiber Board’s business?Table 8 Amounts of New Solar Power Installed in the United States Amount of New Solar Power Installed Year (megawatts) 2006 2007 105 160 2008 290 2009 435 2010 878 2011 1891 3300 2012 Source: GTM Research If the model is given by: y 2.73(1.80)*, what is the growth rate? O the growth rate is 273%. O The growth rate is 80%. O can not be determined from the equation. O The growth rate is 73% O The growth rate is 180%. 99+ a5. Among important factors that affecting the price of land lot are size, number of mature trees and distance to the lake. Using data for 60 recently sold land lots are shown below: B 1 SUMMARY OUTPUT 2 3. Regression Statistics 4 Multiple R 5 R Square 6 Adjusted R Square 7 Standard Error 0.4924 0.2425 0.2019 40.24 8 Observations 60 9. 10 ANOVA Significance F 5.97 11 df S MS 9676.6 0.0013 12 Regression 13 Residual 3 29,030 90,694 56 1619.5 14 Total 59 119,724 15 16 Coefficients Standard Error t Stat P-value 0.0331 0.2156 17 Intercept 51.39 23.52 2.19 18 Lot size 0.700 0.559 1.25 19 Trees 0.679 0.229 2.96 0.0045 20 Distance -0.378 0.195 -1.94 0.0577 a) Write the regression equation b) What is the standard error of estimate? Interpret its value. c) What is the coefficient of determination? Interpret its value. d) What is the adjusted coefficient of determination? Interpret its value. e) Test the validity of the model. f) Interpret each of the coefficients. g) Test at 5% level of…
- d. If the director used these 4 weeks of data to create a linear regression, what does that linear regression formula suggest for this week's forecast of employee appointments? What does the regression analysis suggest in general about employee appointments for Director Very Busy?hello i just wanna know if my answer to this question is correct or wrong: Consider five years of monthly pro fit for a company C) Discuss whether a simple exponential smoothing model works well with this data or not. Month Sales Jan-16 747 Feb-16 697 Mar-16 1014 Apr-16 1126 May-16 1105 Jun-16 1450 Jul-16 1639 Aug-16 1711 Sep-16 1307 Oct-16 1223 Nov-16 975 Dec-16 953 Jan-17 1024 Feb-17 928 Mar-17 1442 Apr-17 1371 May-17 1536 Jun-17 2004 Jul-17 1854 Aug-17 1951 Sep-17 1516 Oct-17 1642 Nov-17 1166 Dec-17 1106 Jan-18 1189 Feb-18 1209 Mar-18 1754 Apr-18 1843 May-18 1769 Jun-18 2207 Jul-18 2471 Aug-18 2288 Sep-18 1867 Oct-18 1980 Nov-18 1418 Dec-18 1333 Jan-19 1333 Feb-19 1370 Mar-19 2142 Apr-19 2138 May-19 2078 Jun-19 2960 Jul-19 2616 Aug-19 2861 Sep-19 2237 Oct-19 2225 Nov-19 1590 Dec-19 1659 Jan-20 1613 Feb-20 1605 Mar-20 2349 Apr-20 2468 May-20 2532 Jun-20 3127 Jul-20 3288 Aug-20 3285 Sep-20 2485 Oct-20 2723 Nov-20 1835 Dec-20 1894 here is my answer: Assessing the Applicability of…Write is details about the regression analysis?
- I got the graph correct, but what am I doing wrong to get the two equA company sets different prices for a particular DVD system in eight different regions of the country. The accompanying table shows the numbers of units sold and the corresponding prices (in dollars). Sales 420 380 350 400 440 380 450 420 Price 104 195 148 204 96 256 141 109a. Graph these data, and estimate the linear regression of sales on price. b. What effect would you expect a $50 increase in price to have on sales?explain the graphs? Please answer fast.