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Report the demographic and independent variables that are relevant to complete a demand analysis providing a rationale for the selection of the variables. Using Excel input the data you collected in criterion one to calculate an estimated regression. Then, from the calculation provided, interpret the coefficient of determination indicating how it will influence your decision to open the pizza business. Explain any additional variables that may improve the coefficient of determination. Test the statistical significance of the variables and the regression equation indicating how it will impact your decision to open the pizza business. Forecast the demand for pizza in your community for the next four months in your community, using the regression equation including the assumptions that were used to create the demand. Justify the assumptions made related to the forecast. Based on the forecasting demand, determine whether Dominos should establish a restaurant in your community. Provide a rational and support for the decision.
If 7,218 of the Ahmadi cell phones were priced at least $119.00, how many cell phones were produced by Ahmadi, Inc.?
Draw appropriate marginal income curve. Show range over which a marginal cost curve could rise or fall without affecting cost industry charges.
"The Assistant Secretary for Time Travel recommends that the bureau choose the socially optimal price, the price necessary for efficient allocation of resources. Which price is required for efficient allocation of resources.
A computer in surface of road picks up a signal from your car and automatically charges you for use of road. Explain how could this technological change contribute to ending bottlenecks and rush hour congestion.
What is Wirelesses' producer surplus from sales for each low-demand as well as consumer.
The average adult produces $75,000 of output per year, Explain how much output is lost as a result of deaths from secondhand smoke, according to the News given below.
inflation was 3% last year, expectations are adaptive, and the phillips curve equation is pi = pi + 0.5 (Y -Y*)/Y*. What will the inflation rate be this year?
The agency decides to hire operators to monitor calls in order to attain the optimal number of personal calls.
Elucidate and illustrate how they will help to improve the GDP as a tool for measuring the well-being of a nation.
What happened to Ikonomia actir's net foreign assets during 2007. Did it acquire or lose foreign assets during year. Compute official settlements balance. Based on this number, what happened to central banks (foreign) reserves.
after the fourth you wince, "No more, the after-taste is getting to me. I need water." What economic principle does this scenario illustrate? Define the principle.
Skectch the fundamental analysis of the supply and demand curve for the British pound in terms of dollars. (The quantity of pounds on the horizontal axis and the US dollars per pound on the vertical axis.
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