Reference no: EM132069267
Qs=89830-40Ps+20Px+15Py+2I+0.001A+10W
Where Qs=quantity purchased
Ps= the price of Smooth Sailing sailboats
Px= the price of company X's sailboat
Py= the price of company's Y's motorboat
I= per capita income in dollars
A= dollars spent on advertising
W=number of favorable days of weather in the southern region of the United States
1. Characterize this function by circling all in the following list that are applicable:
Univariate, bivariate, multivariate, linear, exponential, logarithmic, curvilinear, 1stdegree, 2nddegree, 3rd degree, additive, multiplicative, linearly homogeneous