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Below are percentages for annual sales growth and net sales attributed to loyalty card usage at 74 Noodles & Company restaurants. Annual Sales Growth (%) and Loyalty Card Usage (% of Net Sales) (n = 74 restaurants) Store Growth% Loyalty% Store Growth% Loyalty% 1 -8.0 1.9 38 7.4 2.6 2 -8.0 2.6 39 7.5 1.2 3 -6.4 1.9 40 7.7 2.5 4 -6.1 2.5 41 7.7 1.6 5 -4.8 2.4 42 7.7 2.6 6 -1.3 2.5 43 8.0 1.2 7 -1.0 2.3 44 8.5 1.4 8 -0.8 1.7 45 8.5 2.3 9 -0.8 2.6 46 8.5 2.2 10 -0.4 1.3 47 8.6 0.6 11 0.3 2.2 48 8.7 1.4 12 0.4 1.6 49 8.8 2.7 13 0.9 2.5 50 9.1 2.4 14 1.0 1.8 51 9.3 1.3 15 1.3 2.1 52 10.6 2.2 16 1.4 1.6 53 10.9 2.7 17 1.7 1.8 54 11.0 1.6 18 1.9 2.7 55 11.1 2.4 19 4.1 0.9 56 11.2 2.5 20 4.3 1.3 57 11.3 2.5 21 4.4 2.4 58 11.4 0.7 22 4.7 2.6 59 11.5 1.8 23 4.7 1.7 60 11.6 1.4 24 4.8 2.1 61 13.0 2.5 25 4.9 1.4 62 13.3 1.9 26 4.9 2.7 63 14.2 1.2 27 5.0 2.0 64 14.6 1.2 28 5.1 1.6 65 15.6 2.7 29 5.1 1.2 66 16.3 1.3 30 5.3 1.7 67 16.8 0.7 31 5.9 1.7 68 16.8 2.7 32 6.0 1.2 69 17.1 2.0 33 6.1 1.5 70 18.6 2.6 34 6.3 1.5 71 19.0 1.5 35 6.4 1.3 72 20.2 2.0 36 7.1 1.9 73 22.3 0.9 37 7.1 2.6 74 27.0 2.3
Compare the effects of an aggregate-demand-induced recession with an aggregate-supply-induced recession.
Cindy gains utility from consumption C and leisure L. The most leisure she can consume in any given week is 110 hours. Her utility function is U(C,L)=C*L. This functional form implies that Cindy's marginal rate of substitution is C/L. Cindy receives ..
Illustrate what would be the opportunity cost of x had the economy efficiently produced 10 units of y? Can the economy efficiently produce these quantities.
Assuming that no currency leakage occurs, how much will the bank be able to lend to its customers following the Fed's purchase?
Suppose the price of pork, an input in the production of hot dogs, increases. Which of the following accurately describes how the hotdog market is affected?
The bond, which may be called after five years, has a nominal yield to call of 5.4%. What is the bond's call price?
Penny is making pipecleaner flowers to sell on Etsy for $1 each. Penny and her friends become more efficient as they gain practice in flower production. The first 100 flowers cost $1.35 each. All the rest cost $0.40 each. What is the marginal cost of..
If ___________________ exceeds ___________________, then the economy is in an inflationary gap. Eventually input prices will fall and output will rise in the economy if:
Compare performance of a single-price monopoly with that of perfect competition. Explain how price discrimination increases profit. Explain why monopoly can sometimes achieve a better allocation of resources than competition can.
Many banks have been trying to push their customers away from checkable deposits and even savings deposits into small time deposits. Given the characteristics of these assets, why might banks want to do this? Consumer mortgages are a type of bank loa..
what percentage of assets do commercial banks hold in loans? what percentage of assets are held in mortgage loans?
While you were visiting London, you purchased a Jaguar for £35,000, payable in three months. You have enough cash at your bank in New York City, which pays 0.35 percent interest per month, compounding monthly, to pay for the car.
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