Regression analysis was applied between demand for a product (y) and the price of the product (x), and the following estimated regression equation was obtained.
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= 120 - 10x
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Based on the above estimated regression equation, if price is increased by 3units, then demand is expected to
A. increase by 120 units.
B. decrease by 100 units.
C. increase by 30 units.
D. decease by 30 units.
Answer: D
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Elk Company reports a deficit in current E&P of ($200,000) and positive accumulated E&P of $300,000. Elk distributed $200,000 to its sole shareholder, Barney Rubble, on December 31, 20X3. Barney's tax basis in his Elk stock is $75,000. What is the tax treatment of the distribution to Barney, and what is his tax basis in Elk stock after the distribution?
What will be an ideal response?
The LIFO cost of ending inventory will be the same for a periodic inventory system and a perpetual inventory system
Indicate whether the statement is true or false
Sanchez's success is due largely to the fact that:
A) he was born with the personality of a successful salesperson and capitalized on that B) he understood the key factors involved in becoming an excellent salesperson and worked to develop skills to support those factors C) he has unlimited energy and makes more cold calls than any other salesperson at his level in the company D) he knows how to persuade prospects to buy the products he is selling E) men tend to be more successful at selling industrial products than women do
If we are producing the product or component in-house, then the total inventory-related cost on an annual basis is ______.
a. the sum of total annual setup cost and total annual holding cost less the sum of total annual stock-out cost and total annual materials purchase cost b. the ratio of the sum of total annual setup cost and total annual holding cost to the sum of total annual stock-out cost and total annual materials purchase cost c. total annual setup cost + total annual holding cost + total annual stock-out cost + total annual materials purchase cost d. the product of the sum of total annual setup cost and total annual holding cost to the sum of total annual stock-out cost and total annual materials purchase cost