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Doss [256]
3 years ago
15

A realtor is trying to predict the value of a home. He has quantitative data available and has evidence that the home price has

a strong relationship to the square footage of the home. The best choice for a forecasting model is:_______.
a. linear regression.
b. moving average.
c. market survey.
d. exponential smoothing.
Business
1 answer:
PtichkaEL [24]3 years ago
3 0

Answer:

a.  linear regression

Explanation:

Based on the information provided within the question it can be said that in this scenario the best choice would be to use a linear regression. That is because this is used in order to best determine to what extent there exists a linear relationship between two variables. Which in this case would be the price of the house and square footage of the home.

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Which of the following is part of a sustainable economy? ANSWER a) Unselected It will value and preserve ecosystem services and
elena-14-01-66 [18.8K]

Answer:

Letter e is correct. All of the listed responses are parts of a sustainable economy.

Explanation:

In a sustainable economy, people are much more aware of the preservation of nature's depleted resources, and the well-being of current and future generations, which induces companies to meet the demands of new conscious consumers by creating " green products "and the use of new technologies to reduce the negative impacts of production on the environment.

8 0
3 years ago
Multinational market regions include countries that seek mutual economic benefit from____________. A. reducing cooperative agree
Mademuasel [1]

Answer: Option C

                                     

Explanation: In simple words, multinational market refers to the economic system in which different countries of the world trade with each other by decreasing the barriers and taxes so that booth countries could be benefited from the ongoing business.

Multinational market structures have resulted in drastic expansion ion business activities all around the world as the business firms can not target new markets which were earlier out of reach

Hence from the above we can conclude that the correct option is C.

8 0
3 years ago
Cal Lury owes $21,000 now. A lender will carry the debt for five more years at 6 percent interest. That is, in this particular c
Natalija [7]

Answer:

$3,753.59

Explanation:

Value of debt at end of 5 years = $21,000 * (1 + 6%)^5

Value of debt at end of 5 years = $21,000 * 1.3382255776

Value of debt at end of 5 years = $28102.7371296

Value of debt at end of 5 years = $28,102.74

Let x be the annual payments:

x*[1 - (1 + 9%)^-13] / 9% = $28,102.74

x * [1-0.32617864688] / 0.09 = $28,102.74

x * 7.486904 = $28,102.74

x = $28,102.74 / 7.486904

x = 3753.58626

x = $3,753.59

5 0
3 years ago
Suppose that the owner of a smartphone monopoly hires you to determine whether his firm has made the profit-maximizing number of
enot [183]

Answer:

A. January 2016

B. May 2016

C. June 2016

Explanation:

Req. A

From the data table above, it is easy to understand that only 10,000 mobile phones were sold in the month of January.

Req. B

From the information above, the highest sales level was in the month of May with a 12,000 smartphones.

Req. C

We know, a monopolist maximizes its profit when marginal revenue equals to the marginal cost. MR = MC.

In that case, two months had equal marginal revenue = marginal cost, i.e., February and June.

According to the maximizing rule, at which point there are a high number of sales and MR = MC, that sales point is considered as maximizing profit.

Therefore, in the month of June, the sales were high with 11,000 smartphones. Hence, June was the firm's maximizing profit.

4 0
3 years ago
2. Cost-plus, target pricing, working backward A-Plus Shed, Inc., manufactures and sells a do-it-yourself storage shed kit. In 2
e-lub [12.9K]

Answer:

1. A-Plus shed's operating income in 2012  = $460,000

1i Full cost per unit = $2,300

1ii Selling price = $2,415

1iii Mark up percentage on variable cost = $23%

2. Yes, the company should make the investment. This is because by expending $110,000 on advertising, it will increase the operating income by $1,039,000 .

3. Target variable cost per unit = $2,028.57

Explanation:

Please find attached detailed explanations of the above answers.

7 0
3 years ago
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