# Question: Claire Littleton has discovered that the change in Product A

Claire Littleton has discovered that the change in Product A demand in any given week is inversely proportional to the change in sales of Product B in the previous week. That is, if sales of B rose by X% last week, sales of A can be expected to fall by X% this week.

A. Write the equation for next week's sales of A, using the variables A = sales of Product A, B = sales of Product B, and t = time. Assume that there will be no shortages of either product.

B. Last week, 100 units of A and 90 units of B were sold. Two weeks ago, 75 units of B were sold. What would you predict the sales of A to be this week?

A. Write the equation for next week's sales of A, using the variables A = sales of Product A, B = sales of Product B, and t = time. Assume that there will be no shortages of either product.

B. Last week, 100 units of A and 90 units of B were sold. Two weeks ago, 75 units of B were sold. What would you predict the sales of A to be this week?

**View Solution:**## Answer to relevant Questions

Kate Austen must generate a sales forecast to convince the loan officer at a local bank of the viability of Marina Del Rey, a trendy west-coast restaurant. Austen assumes that next-period sales are a function of current ...A. A simple regression model over the 1980-2003 period where the Y-variable is the Disney year-end stock price and the X-variable is Disney’s earnings per share reads as follows (statistics in parentheses):Pt = -$1.661 + ...Powerful unions like the AFL-CIO are staunch advocates for increasing the federal minimum wage despite the fact that highly-trained and experienced AFL-CIO workers tend to earn far more than the minimum wage. Can you give ...“Pay for performance” means that employee compensation closely reflects the amount of value derived from each employee’s effort. In economic terms, the value derived from employee effort is measured by net marginal ...Assume that a firm produces its product in a system described in the following production function and price data:Q = 3X + 5Y + XYPX = $3PY = $6Here, X and Y are two variable input factors employed in the production of Q.A. ...Post your question