Answer:
Linear function. It is actually a negative linear graph. for the products prices increases, there was a noticeable decrease in demand
slope y=-225/8x+19275/8
y=1987.5
y=1903.125
Explanation:
A consumer products company has collected some data relating monthly demand to the price of one of its products: 4. Price Demand $111100 2,100 $13 2,020 1,980 1,875 $19 What type of model would best represent these data?
Linear function. It is actually a negative linear graph. for the products prices increases, there was a noticeable decrease in demand
slope is
m=y2-y1/(x2-x1)
PICKING TWO POINTS
(11,2100) and (19,1875)
m=1875-2100/(19-11)
m=-225/8
as the slope
(11,2100). y=mx+b or
2100=-225/8 × 11+b,
solving for b: b=2100-(-225/8)(11).
b=19275/8.
(19,1875). y=mx+b or 1875=-225/8 × 19+b, or solving for b: b=1875-(-225/8)(19).
b=19275/8. is the intercept
y=mx+c is the equation of line graph
y=-225/8x+19275/8
when x=15
y=1987.5
when x=18, y=
-225/8(18)+19275/8
y=1903.125
Answer:
A
Explanation:
Working capital are the components of the current assets that represents liquidity , readily available for day to day business operation.
It is made up of cash , receivable , payable , inventory balance .
Due to the new development in the business of Butler automotive , there is an upsurge in the demand for oil which has led to the increase in the oil inventory to the tune of $5,000
This means that the required working capital of Butler also has to increase to meet up with the demand.
Answer: Option (d) is correct.
Explanation:
Correct Option: Marginal revenue equals marginal cost.
Pure monopoly is a market situation in which there is a single firm who are producing the goods and these goods are the close substitute. There is no other firm in the market. So, the monopoly firm is the price setter.
The output level that is produced by the profit maximizing monopoly firm is at a point where marginal revenue is equal to the marginal cost. It is the same profit maximizing condition that a competitive firm also utilize to find their equilibrium level of output.
Answer: 1. The only effect advertising will have on primary demand is to slow the rate of decline.
Explanation: Declining markets are those that have gone from maturity - where sales stay flat or may even climb occasionally - to multiple periods where there are decreasing sales. This drop in sales is the first and most obvious sign of a declining market and lower sales quickly lead to other attributes.
Common characteristics of the decline stage include a decrease in sales, an increasing difficulty to make a profit, and a decrease in advertising.
Answer:
The strength of an organization's culture refers to how widely and deeply employees hold the company's dominant values and assumptions
Explanation:
The culture of an organization shows the working culture of the organization. It consists of duties, responsibilities, beliefs,values, ethics, policy, procedures that are to be followed by the all employees in the organization. There should be a good working culture so that everyone gots motivated so that they perform their task better
Therefore according to the situation the option is A as it refers to the culture of the organization that understands that how broadly needs to understand the employees so that we can improve the profit of the organization by taking care of beliefs and values.