Explain what is misleading about the graphic. A time-series plot titled Annual Sales of Widgets at Company X has a horizontal axis labeled from less than 2004 to 2012 in increments of 2 and a vertical axis labeled Number of Widgets Sold from 10000 to 35000 in increments of 5000. The following 10 points are plotted and connected from left to right by line segments: (2003, 11000); (2004, 13000); (2005, 17000); (2006, 18000); (2007, 20000); (2008, 22000); (2009, 25000); (2010, 27000); (2011, 29000); (2012, 32000). All coordinates are approximate. 2004 2006 2008 2010 2012

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

What is the relationship among market segmentation, target markts, and consumer profiles?