1) According to the output below, how much of an increase in profit is due to reallocation?...
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Question:
1) According to the output below, how much of an increase in profit is due to reallocation?
a. 15
b. 25
c. 35
d. 45
2) According to the graph below, what can be recommended (Effort stands for Sales Reps)?
a. Add a sales rep to Dallas and St Louis
b. Add a sales rep to Cleveland and Atlanta
c. Drop off a sales rep from SF and Philly
d. Add a sales rep Cincinnati and Twin Cities
3) A number which represents the value that consumers place on an attribute is called ___________.
a. Partworth
b. Utility
c. Choice rule
d. Level
Related Book For
The Economics of Money Banking and Financial Markets
ISBN: 978-0133836790
11th edition
Authors: Frederic S. Mishkin
Posted Date: