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stepladder [879]
2 years ago
9

An employee compiled sales data for a company once each month. The scatter plot below shows the sales (in multiples of $1000) fo

r the company over time (in months). The equation represents the linear model for this data. Y = 0. 94x 12. 5 According to the model, how much do the company's sales increase per month? $940 $1250 $5000 $9400 $12,500.
Business
1 answer:
Brut [27]2 years ago
7 0

A term of sales can be defined as an agreement that exists between the seller of a goods or services and a buyer.

<h3>Company's sales increase per month</h3>

Correct option is B= $940

Given Information:

  • Sales=$1000
  • Equation=0.94x+12.5

The equation represents the company sales in thousand dollars and x is time in months.

Comparing to general form of linear equation.

y=mx + c

Comparing, we get,

Slope, m = 0.94

y-intercept, c = 12.5

Hence, the slope tells us the increase in sales of company with one unit increase in x that is it tells the increase in company's sale per month.

=0.94*1,000=$940

=$940 is the increase in company's sale per month.

Learn more about equations, refer to the link:

brainly.com/question/2601781

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The financial markets are a relatively new technological development created in the last 50 years.
Thepotemich [5.8K]

Answer:

False

Explanation:

Wall Street, which is one of the most famous financial markets in the US was established in 1792. In Europe, financial markets exist since the middle ages. Modern banking started in Italy in the 12th century.

Telecommunications improved how financial markets work during the 20th century and expanded their reach, but they are almost 900 years old.

8 0
2 years ago
SCENARIO 3.1: Rented DVDs and movies shown in theaters are substitutes. Rented DVDs and plasma TVs are complements. Plasma TVs a
EleoNora [17]

Answer:

What would happen is Price of TVs goes up and price of rental DVDs goes down. Subsequently, price of movies theaters rises.

Explanation:

As there are less import of Plasma TV from Japan, the supply will be lower, while demand remains unchanged. So, price of Plasma TV will go up following is the demand for plasma TV will go down

As Plasma TV and rental DVDs are complementary goods, downward in demand for plasma TV means less demand for rental DVDs while supplies for rental DVD remains the same. Thus, price of rental DVD will go down.

As rental DVD and movies theaters are substitute goods, the demand in rental DVD going down will cause the increase in the demand in movie theaters while supplies for movie theaters stay the same. So, movie theater ticket will go up subsequently.

4 0
3 years ago
Use the following information to answer the questions:
Nostrana [21]

Answer:

A.) Since the United States has an aging population and thus an expected decline in working population in the future, therefore, increasing the output per worker seems more relevant in the United states than increasing the proportion of working population. Because Mexico on the other hand boasts a youthful population, Mexico can increase its standard of living by either increasing its output per worker or by increasing the proportion of the population that works.

B.) GDP INCREASES.....

STANDARD OF LIVING ALSO INCREASES....

INCREASE IN NUMBER OF EMPLOYED WORKERS HAS GREATER WEIGHT THAN THE DECREASE IN LABOR PRODUCTIVITY

Explanation:

A.) Since the United States has an aging population and thus an expected decline in working population in the future, therefore, increasing the output per worker seems more relevant in the United states than increasing the proportion of working population. Because Mexico on the other hand boasts a youthful population, Mexico can increase its standard of living by either increasing its output per worker or by increasing the proportion of the population that works.

2.). - - - - - - - - - - - - - - - - - - - - - YEAR - - - - - -

------ - - - - - - - - - - - - - - - 2014 - - - - - - - 2015

Population - - - - - - - - - - 1000 - - - - - - - 1000

Employed workers - - - - 400 - - - - - - - - 440

Labor productivity - - - - 2000 - - - - - - - 1900

GDP = Labor productivity × employed pop.

2014 GDP = 2000 × 400 = 800,000

2015 GDP = 1900 × 440 = 836,000

GDP INCREASES.....

STANDARD OF LIVING ALSO INCREASES....

INCREASE IN NUMBER OF EMPLOYED WORKERS HAS GREATER WEIGHT THAN THE DECREASE IN LABOR PRODUCTIVITY

7 0
3 years ago
A plaintiff in a successful lawsuit was awarded a judgment of $4800 per month for 5 years. The plaintiff has the need of a fairl
tatiyna

Answer:

58.81% annual

or 3.93% monthly

Explanation:

Using a financial calculator, we can determine the internal rate of return of this investment. The initial outlay is -$110,000, and the 60 $4,800 cash flows follow. The IRR is 3.93 per month. In order to determine the effective annual rate, we can use the following formula:

effective annual rate = (1 + 3.93%)¹² - 1 = 58.81%

8 0
2 years ago
How is the work in process inventory account related to the finished goods inventory account?
jek_recluse [69]
A.) factory overhead
8 0
3 years ago
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