Answer:
The predicted value of sales is $75,037,500.
Explanation:
Given:
Q = 875 + 6XA + 15Y - 5P ……………………..(1)
Where:
Q = quantity sold = ?
XA = Advertising = $100,000
Y = Income = $10,000
P = Price = $100
Substituting the values into equation (1), we have:
Q = 875 + (6 * 100,000) + (15 * 10,000) - (5 * 100)
Q = 750,375
Therefore, we have:
Predicted value of sales = Q * P = 750,375 * $100 = $75,037,500
Therefore, the predicted value of sales is $75,037,500.
Answer:
c. sectoral shifts are always happening
Explanation:
Frictional unemployment occurs when the workers move from one job to another due to sectoral shifts in the economy.
Answer:
XYZ is not a good investment as compared to Bank because it has lower per year interest than the bank.
Explanation:
Bank offers 8% per year
To compare the investment we should calculate the holding period return of the share which is as follows
Holding period return = ( Dividend + Change in price ) / Initial price )
Holding period return = ( $5 +($120 - 110) ) / $110 ) = ( $5 + $10 ) / $110 = 0.1364 = 13.64%
Return per year = 13.64% / 3 = 4.5% per year
Answer:
Raise the marketing spend to raise visibility.
Explanation:
In simple words, the best way for the company to hold their position in the market is to strengthen their customer base and this can be done by performing more promotion. By doing so, they can attract more people to use their product and the new company will have to try harder to capture the market.
Thus, the best option for the company is to raise promotional activities.
