An avant-garde clothing manufacturer runs a series of high-profile, risque ads on a billboard on highway 101 and regularly col
lects protest calls from people who are offended by them. the company has no idea how many people in total see the ad, but it has been collecting statistics on the number of phone calls from irate viewers: type description number of complaints r offensive racially/ethnically 1515 m demeaning to men 1313 w demeaning to women 1919 i ad is incomprehensible 88 o other 55
1 answer:
Answer:
b)31.7%
Explanation:
The number of types of complaints is given below;
Offensive racially/ethnically 15 Demeaning to men 13
Demeaning to women 19
Ad is incomprehensible 8
Other 5
Total=15+13+19+8+5=60
(a)See Attached Diagram for Pareto Chart
(b)The Most Prevalent Complaint is that the Ad is Demeaning to Women. The frequency=19
Total=60
Percentage of Most Prevalent Complaint=(19/60)*100=31.7%
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Full question:
In some states and localities, scalping is against the law although enforcement is spotty
A. Using supply/demand analysis and words, demonstrate what a weakly enforced antiscalping law would likely do to the price of tickets.
B. Using supply/demand analysis and words, demonstrate what a strongly enforced antiscalping law would likely do to the price of tickets
Answer and Explanation:
A. For the first scenario, a weakly enforced antiscalping law would still allow the resale of tickets as it is not enforced properly. Therefore it's effect on price would remain as though there were no laws restricting scalping( scalping: price increase created by artificial shortage and bulk resale of tickets) . See the attached diagram for the supply and demand curve and price increase as a result of a weak antiscalping law
B. For the second scenario, scalping has no effect on price as antiscalping laws are strong and therefore there is no scalping. Price remains the same and does not change.
In diagram A for first scenario price increases from p1 to p2 and quantity decreases from q1 to q2 to indicate increase in price and quantity decrease for shortage respectively. This shows the effect of scalping on the market with weak antiscalping laws
In diagram B, price and quantity remain the same to show strong antiscalping laws
