The relationship between the number of people

Assignment Help Microeconomics
Reference no: EM13535397

You are interested in looking at the relationship between the number of people on the sales force and the dollar volume of sales.The following data show gross sales,Y, measured in millions of dollars and the number of people on the sales force,X, in the form of (X,Y) pairs for 12 people; (15,34),(24,55),(27,67),(16,31),(19,39),(23,46),(26,53),(22,43),(28,45) and (17,41).

Reference no: EM13535397

Questions Cloud

Explain the concentration of the barium hydroxide solution : In titration experiment, 21.4 mL of 0.987 mol/L formic acid is required to neutralize 17.4 mL of Barium hydroxide. The concentration of the Barium hydroxide solution is
Determine the net income or loss of each company : Determine the net income or loss of each company for the year - show the same balance sheet data at the beginning and end of a year.
Obtain the mass of volume of water in kilograms and grams : A rectangular container measuring 20. cm 52 cm 73 cm is filled with water. What is the mass of this volume of water in kilograms and grams
Calculate the impulse exerted on the cyclist : A man riding a bicycle 140kg together is traveling at 8.6 m/s due north when he is brought to a stop in .50 seconds by a gazelle running to the south. Calculate the impulse exerted on the cyclist.
The relationship between the number of people : The relationship between the number of people
Explain what''s the ph of acetic acid buffer : The buffer solution consists of 0.1 mol/L of sodium acetate and 1.5 mol/L of acetic acid. The Ka of acetic acid is 1.8x10^-5. What's the pH of this buffer
Determine what is the cars centripetal acceleration : A race car goes around a level, circular track with a diameter of 1.00 km at a constant speed of 77 km/h. What is the car's centripetal acceleration in m/s2
Calculate the original momentum of the cyclist : A man riding a bicycle 140kg together is traveling at 8.6 m/s due north when he is brought to a stop in .50 seconds by a gazelle running to the south. Calculate the original momentum of the cyclist(magnitude and direction)
Calculate how much work is done by the man : A man pushes an 80.0 N crate a distance of 5.00 m upward along a frictionless slope that makes an angle of 30o with the horizontal. how much work is done by the man

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd