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Lubov Fominskaja [6]
3 years ago
15

Suppose that the weekly price of milk is $3.40 per gallon and MPEP decides to ramp up weekly advertising by 35 percent to $150 (

in hundreds). Use the best-fitting regression model to estimate the weekly quantity of milk consumed after this advertising increase.
Business
1 answer:
nadezda [96]3 years ago
7 0

Answer:

Total Cost increase  5,253.4 unit

Explanation:

given data

weekly price a = $3.40 per gallon

ramp up weekly b = 35%

ramp up weekly  upto x = $150( in hundred)

solution

we will use here the regression equation that is

Y = a + b x    ...........................1

here Y is Total Cost and a is fixed cost and  

b is rate of variability and x is level of activity

so here put value in equation 1 we get

Total Cost Y = 3.40 + 0.35 × ( 15,000)

Total Cost  Y = 3.40 + 5,250

Total Cost increase  5,253.4 unit

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Companies prefer that their working capital is a positive amount rather than a negative amount. True or false
Roman55 [17]

Answer:

True

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The rise of the "Cotton Kingdom" in the South led to all the following EXCEPT: large increase in the number of slaves. an insati
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Answer:

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Explanation:

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4 0
3 years ago
On July 1, 2011, Hale Kennels sells equipment for $66,000. The equipment was originally purchased on July 1, 2007 at a cost $180
topjm [15]

Answer:

Accumulated Depreciation As of December 31, 2010  = $105,000

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<em>Annual depreciation:</em>

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So total accumulated depreciation at the end of 3 years 6 months :

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Accumulated Depreciation As of December 31, 2010 = = $105,000

4 0
3 years ago
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ladessa [460]

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