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Dominik [7]
3 years ago
14

A cost accountant is developing a regression model to predict the total cost of producing a batch of printed circuit boards as a

linear function of batch size (the number of boards produced in one lot or batch), production plant (Kingsland, and Yorktown), and production shift (day, and evening). In this model, "shift" is ______.
Business
1 answer:
natta225 [31]3 years ago
7 0

Answer:

In our case of study "shift" is an independet variable.

Explanation:

The independent variable concept says that the element or object we are studying in a research experiment is going to be manipulated by us to study the relationship it has with another variable that we are not controlling. Therefore in our case, we are controlling Shift, while the production is the dependant variable because we are going to measure the shift to find out the production.

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Jupiter Explorers has $5,600 in sales. The profit margin is 3 percent. There are 4,000 shares of stock outstanding, with a price
Irina18 [472]

Answer:

Price-earning ratio is 28.57 .

Explanation:

Price earning is a ratio widely used by common stock holder in stock market. The ratio is used to measures share price in relation to earning per share. The ratio tells us years require to recover amount spend on acquisition of share.

Detail calculation is given below.

Sales                      $ 5,600  -A

Net profit               $    168   -B

EPS                         $ 0.042 -B/4000

Price-earning ratio = 1.2/EPS  = 28.57  

6 0
3 years ago
When a company spends money for television commercials, it intends to shift the Group of answer choices demand curve to the righ
xeze [42]

Answer:

The correct answer is letter "A": demand curve to the right and make demand less elastic.

Explanation:

Investing in advertising has one goal: <em>increasing profits</em>. There are many ways of increasing the revenue of a company being the most common increasing the quantity demanded. However, increasing the quantity demanded -<em>moving the demand curve to the right</em>- implies bringing the prices down -<em>demand law</em>, but we do not know how the market will react.  

Then, advertising should also help institutions marketing that will help them make their products less <em>elastic </em>or less prone to major changes in quantity demanded due to changes in price.

5 0
3 years ago
Suppose the Economist deletes several of the observations that had large residual values. If she re-estimated the regression equ
Advocard [28]

Answer:

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6 0
3 years ago
Assume a purely competitive increasing-cost industry is initially in long-run equilibrium and that an increase in consumer deman
Aliun [14]

The price of the product will increase and then the quantity of the output will also be more than the original one.

<u>Explanation:</u>

In a market which is purely competitive, with the increase in the demand of the particular good in the market, the price of the good will also increase because of the increase in the demand by the consumers. After making the adjustments, the quantity will therefore also increase of the output than the original one.

4 0
3 years ago
There are not enough of four goods to satisfy the wants of people. For good A, this is true when the price is $100. This is true
Elena L [17]

Answer:

d. D

Explanation:

Shortage occurs when the quantity demanded is greater than the quantity supplied while scarcity is a naturally occurring limitation in supply. For goods A, B and C, the quantity demanded at the given prices is greater than the supplied, which means that an increase in price could potentially decrease demand and eliminate the shortage. As for good D, there is not enough of it to satisfy the market at any price, which means that the good is scarce.

The answer is d. D.

8 0
3 years ago
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