Business
Business, 20.09.2020 09:01, ethanboshears15

You work for a firm producing fitness equipment. You have been told that the demand curve for the firm's main product, a multi-station home gym, is linear. You have been provided with price and quantity data obtained from focus groups and have been asked to run a regression of revenue on price. A linear functional form can properly be used to estimate: a. revenue with price and quantity included as explanatory variables.
b. quantity with price as the explanatory variable because the demand curve is linear.
c. revenue with quantity as the explanatory variable because revenue is not linear in price.
d. price with revenue as the explanatory variable because revenue determines price.
e. profit with price as the explanatory variable because revenue is not statistically significant.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 00:00, adayisenga
Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}
Answers: 1
image
Business, 22.06.2019 03:00, marahsenno
How could brian, who doesn't want his car insurance premiums to increase, show he poses a low risk to his insurance company? a: drive safely to avoid accidents and traffic citations b: wash and wax his car regularly to keep it clean c: allow unlicensed drivers to drive carelessly in his car d: incur driver's license points from breaking driving laws
Answers: 1
image
Business, 22.06.2019 04:50, garrowe96
Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?
Answers: 2
image
Business, 22.06.2019 10:00, joy8348
Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. it’s an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting
Answers: 1
Do you know the correct answer?
You work for a firm producing fitness equipment. You have been told that the demand curve for the fi...

Questions in other subjects: