According to the elasticity computation, by how much would new car sales (quantities) fall if the price increased 20 percent? what about total revenue? increase or decrease? explain. b. by how much would coffee sales (entire coffee market) decline if the price of coffee doubled (100%)? if starbucks (a specific brand of coffee) doubled its coffee price, what would happen to starbucksā sales? how do you explain these responses?
Answers: 3
Business, 21.06.2019 17:40
Find the expected net profit of an insurance company on a health-insurance policy if: the probability of a $5000 claim is 20%; the probability of a $1000 claim is 60%; the probability of a $20,000 claim is 10%, and the probability of no claim is 10%. the company charges $4000 for this coverage. interpret your answer.
Answers: 3
Business, 22.06.2019 06:00
Select the correct answer a research organization conducts certain chemical tests on samples. they have data available on the standard results. some of the samples give results outside the boundary of the standard results. which data mining method follows a similar approach? o a. data cleansing ob. network intrusion o c. fraud detection od. customer classification o e. deviation detection
Answers: 1
Business, 22.06.2019 08:00
Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows: treadmill exercise bike total sold 185 123 service contracts 67 55 the store can only sell a service contract on a new piece of equipment. of the 185 treadmills sold, 67 included a service contract and 118 did not.
Answers: 1
According to the elasticity computation, by how much would new car sales (quantities) fall if the pr...
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