The main difference between transnet and perfect competitor is that a transnet is a mode of transportation whereas a perfect competitor is a person who sells an identical product with others, they can garner a small share of their income, and that the cannot control the price of the market of their product.
Answer:
- <u><em>D. No, because $100,000 is much greater than the values used in the experiment.</em></u>
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Explanation:
<em>Correlations</em>, when have strong correlation coefficients, which r = 0.9 is, may be good predictors within the limits of the range of the data.
Trying to extrapolate the <em>linear relationship</em> between the variables, <em>x = advertising spending and y= product sales</em>, way beyond the limits of the data used for the study, is too risky, because the data may be linear just for some stages (ranges) but behave very different in other ranges.
As, the option D. states, <em>$100,000 is much greater that the values used in the experiment</em>; hence, the correlation would likely would not be a good predictor for that input.
25,700 (cost of car) + 3000 (premium package) + 700 (vehicle delivery) - 6000 (old car) = $23,400.
I think the third option seem correct just off the top of my head. Not sure though
C so the air goes through easier, is what I think