Here is the full information on the question:
For each question, the customers had the option of responding "yes" if they would pay more or "no" if they<span> would not pay more.
</span><span>Is the data collected by kroger in this example categorical or quantitative?
I believe the answer is Categorical.
Quantitative data refers to the type of data that could be measured by numbers (such as height, weight, age, numbers of partners, etc)
Dividing the data into different groups such as what Kroger did above is considered a categoriacl data.
</span>
Answer:
$ 15
Explanation:
Assuming Brittany cannot price differentiate each individual so she can either charge $15 or $10 to all. We will solve for both prices for information purposes.
Total daily revenue if she charges $15 :
15 *4 = $60 as only 4 people will buy manicures
Total daily revenue if she charges $10 :
10 * 8 = $80 all 8 people will purchase
Costs if she charges $15:
5 * 4 + 25 = $45
Costs if she charges $10:
5 * 8 + 25 = $65
So, profits
For $15 = 60 - 45 = $15
For $10 = 80 - 65 = $ 15
So both amounts result in same maximum profits.
Hope that helps.
The United states has the massive spending when it comes to the money they have spent buying the things that they would need if they are going to engage on a fight or worse, on a war. This spending is concentrate in North America and of course the Europe. That was when a major feel down struck them.
The type of externality where market equilibrium quantity produced will be more than socially optimal quantity in absence of governemtn intervention is Negative externality.
Let understand that whenever a production of good or service negatively affect the unrelated third party who is not directly involved in a market transaction, it is said that negative externality exists in the scenario.
A very good example of commonly cited Negative Externalities are air pollution and noise pollution which was caused during production an affects unrelated third party.
If there is presence of government intervention in the production, then, the production of goods or service will be halted.
Therefore, in conclusion, this type of externality is called the Negative Externality.
Read more about Negative Externality here
<em>brainly.com/question/13901028</em>
I believe the answers are for 1) a. and 2) b. Hope this Helps!!!!:)