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Tems11 [23]
1 year ago
8

Companies in the U.S. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual reve

nue. In 2011, Hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. Suppose the following data show the number of cars in service (1,000s) and the annual revenue ($ millions) for six smaller car rental companies. Company Cars (1,000s) Revenue ($ millions) Company A 11.5 118 Company B 10.0 137 Company C 9.0 100 Company D 5.5 37 Company E 4.2 42 Company F 3.3 34
Business
1 answer:
Pachacha [2.7K]1 year ago
7 0

Answer:

The question does not include any requirements, so I looked for similar questions:

  1. Use the least squares method to develop the estimated regression equation.
  2. For every additional car placed in service, estimate how much annual revenue will change.

1) Y = -14.95 + 12.82X

2) for every 1 thousand cars put into service, revenue should increase by $12.82 million.

See attached PDF for calculations

Download pdf
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.......Oferta y Demanda .........
Alexandra [31]

Answer:

En tu país se ha desatado un problema de salud asociado a un coronavirus. Como resultado de la situación, el número de consumidores que desean adquirir desinfectante de manos ha aumentado en esa temporada.

La demanda por desinfectante aumenta, mientras que la oferta también aumenta pero no al mismo ritmo, ya que las empresas deben ajustar su producción y esto toma tiempo. Esto ocasiona que la cantidad de equilibrio sea menor a la demandada, lo que incrementa el precio del desinfectante.

La curva de demanda se mueve a la derecha (aumenta), mientras que la curva de oferta se mantiene.

Luego de un reciente fenómeno atmosférico, una gran cantidad de la cosecha de frutas fue destruida simultáneamente con la llegada de la alta temporada de eventos gastronómicos.

La oferta de frutas disminuye de forma drástica, al tiempo que la demanda aumenta. Esta baja cantidad y alta demanda ocasiona un gran aumento del precio de las frutas.

La curva de oferta se mueve a la izquierda (disminuye), mientras que la curva de demanda se mueve a la derecha (aumenta).

Los costos asociados al consumo de energía eléctrica en el proceso de producción se han reducido considerablemente, en conjunto con la entrada al mercado de 10 nuevas empresas dedicadas a la producción de alimentos.

La oferta de alimentos aumenta debido a la nuevas empresas, y a los menores costos de energía. La demanda no necesariamente aumenta al mismo ritmo, lo que genera que la oferta probablemente sea más alta que la demanda, haciendo que el precio de los alimentos sea más bajo.

La curva de oferta se mueve a la derecha, y la de demanda se mantiene estable.

3 0
1 year ago
Suppose the current market price of corn is $3.75 per bushel. Your firm has a technology that can convert 1 bushel of corn to 3
ipn [44]

Answer:

$1.78 per gallon of ethanol

Explanation:

The market price in which the conversion of ethanol becomes attractive is:

($3.75 + $1.60 / bushel of corn) / (3 gallons of ethanol / bushel of corn)

= $1.78 per gallon of ethanol.

7 0
2 years ago
A 9% coupon bond with an ask price of 100:00 pays interest every 182 days. If the bond paid interest 112 days ago, the clean pri
alina1380 [7]

Answer:

$100

Explanation:

The computation of the clean price is shown below:

As we know that

Clean Price = Dirty Price − Accrued Interest

where,

Dirty price is

= Ask price + Accrued interest

The ask price is $100

And, the accrued interest is

= $100 × 9% × 112 days ÷ 360 days

= $2.74

Now the dirty price is

= $100 + $2.74

= $102.74

Therefore the clean price of the bond is

= $102.74 - $2.74

= $100

Or we can say that the ask price equivalent to the clean price of the bond as both are the quoted prices

4 0
2 years ago
Dr. McCoy earns $51,233 teaching at the university. What is his weekly salary?
lesya692 [45]

Answer:

$985.25

Explanation:

The $51,233 is Dr. McCoy's annual salary; the total amount she earns in a year

We have about 52 weeks in a year

To determine the weekly salary, you will set up the equation like this;

<em>If 52 weeks = $51,233</em>

<em>then 1 week = ?</em>

Multiply 1 by $511,233 ; 1 * 51,233 =$51,233

Next, divide the above $51,233 by 52;

$51,233/ 52 = $985.25

Her weekly salary is therefore $985.25

3 0
1 year ago
A product sells for $200 per unit, and its variable costs are 65% of sales. the fixed costs are $420,000. what is the break-even
Svetllana [295]
Unit sale price = $200
Variable costs are 65% of sales = ($200)(.65) = $130
Fixed costs = $420,000

To solve:
Break-even point = fixed costs / (sales price per unit - variable cost per unit)
Break-even point = $420,000 / ($200-$130)
Break-even point = $420,000 / $70
Break-even point = $6,000
4 0
2 years ago
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