The number of units of sales of a product, S, is a function of the dollars spent
Question:
(a) Explain why ∂S / ∂A > 0.
(b) Do you think ∂S / ∂p is positive or negative? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
a Because raising the dollars spent for advertising while ho...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
Students also viewed these Calculus questions
-
The following table shows the number of units of a product sold each month by a shop, the amount the shop paid for each unit, and the selling price. Use a spreadsheet to find the total values of...
-
The MJK Manufacturing Company must produce two products in sufficient quantity to meet contracted sales in each of the next three months. The two products share the same production facilities, and...
-
The profit from the sales of two products is given by P(x, y) = 20x + 70y - x2 - y2 dollars where x is the number of units of product 1 sold and y is the number of units of product 2. Selling how...
-
Nancy takes out a 29-year loan of $650,000 today. The bank charges interest at 3.6% p.a. compounded monthly. Nancy makes equal month-end payments starting in one month's time. Calculate how much...
-
A point moves along a circle with a velocity v = at, where a = 0.50 m/s2. Find the total acceleration of the point at the moment when it covered the n-th (n = 0.10) fraction of the circle after the...
-
Insert Design Layout References Mailings Review View Help Acrobat st_Practice Template.v1.0 Saved to this PC - Tell me what you want to do AE.Attie Sh H 10 11 121 18 14 15 16 17 18 N 20.1 21. 22 123...
-
The coefficient of determination between two variables is .64. Answer the following questions: a. What is the Pearson correlation coefficient? b. How strong is the relationship? c. How much of the...
-
A put and a call have the following terms: The price of the stock is currently $29. You sell the stock short. Illustrate how to use the call or the put to reduce your risk exposure. a) What is the...
-
Former US President Trump is starting to draft an economic plan for his 2024 presidential campaign. He wants to keep the tax cuts implemented by the Trump administration in 2017, the Tax Cuts and...
-
Seth Feye established Reliance Financial Services on July 1, 2018. Reliance Financial Services offers financial planning advice to its clients. The effect of each transaction and the balances after...
-
The monthly benefit B (in thousands of dollars) from a retirement account that is invested at 9% compounded monthly is a function of the account value V (also in thousands of dollars) and the number...
-
The joint cost, in dollars, for two products is given by C(x, y) = x2y2 + 13. Find the marginal cost with respect to (a) x if 20 units of x and 6 units of y are produced. (b) y if 20 units of x and 6...
-
Viva Yeboahs 401(k) plan provides a supplemental Roth 401(k) arrangement. If Vivas compensation is $500,000, will she be eligible to contribute to a Roth 401 (k) account? Explain why or why not.
-
Who should decide the compensation packages of executives of publicly traded companies? How should the decision on the compensation packages be made? In your response, make sure you comment on the...
-
What does it mean that political campaigns are candidate-centered?
-
Who should be involved in an organization change effort, and how should they be involved?
-
What are the overall skills required to manage resources in order to deliver a task, product or service known as?
-
Cockpit Resource Management (CRM) was developed during which of the Four Eras of Commercial Aviation Safety?
-
Fastenal, the largest fastener distributor in North America, procures an identical drive anchor from three independent suppliers that differ in unit price and quantity supplied. The relevant data for...
-
In Exercises find dy/dx by implicit differentiation. xy - y = x
-
In the December, 1969, American Economic Review (pp. 886896), Nathaniel Leaf reports the following least squares regression results for a cross section study of the effect of age composition on...
-
Suppose that you have two independent unbiased estimators of the same parameter , say 1 and 2, with different variances v1 and v2. What linear combination = c11 + c22 is the minimum variance...
-
Consider the simple regression yt = xt + 1 where E p[ | x] = 0 and E [2 | x ] = 2 (a) What is the minimum mean squared error linear estimator of ? Choose e to minimize Var [] + [E( ?? )]2. The answer...
-
An investor put 60 percent of his money into a risky asset offering a 10 percent return with a standard deviation of return of 8 percent, and he put the balance of his risk-free asset offering 5...
-
Ida Company produces a handcrafted musical Instrument called a gamelan that Is similar to a xylophone. The gamelans are sold for $949. Selected data for the company's operations last year follow:...
-
There is a bonus with the following characteristics: nominal value $98.650.000 annual coupon rate 4.5% term 5 years, tir 6.5% A) Calculate the price of the bond assuming it is zero coupon B)...
Study smarter with the SolutionInn App