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NEW QUESTION 49
An individual is considering whether to fly or take the train for an upcoming trip. This individual works remotely for $10/hour, but will not be able to work while on the airplane or train. The flight would take two hours and cost $125; the train would take eight hours and cost $50. What are the respective total economic costs of taking the flight and taking the train?

A. $20 and $80B. $125 and $50C. $75 and $175D. $145 and $130

Answer: D

 

NEW QUESTION 50
The owner of a small bakery wants to analyze the effect of certain variables on total sales. The owner takes a random sample of 60 days between November 2013 and June 2014 and records the total sales for that day, the highest temperature that day, and whether that day was a Saturday or Sunday. A portion of that spreadsheet is provided below.

Which cell ranges contain the dependent and independent variables in this regression model?

A. DependentVariable:C1:D61 IndependentVariable:B1:B61B. DependentVariable:C1:C61 IndependentVariable:B1:B61, D1:D61C. DependentVariable:B1:B61 IndependentVariable:C1:C61D. DependentVariable:B1:B61 IndependentVariable:C1:D61

Answer: D

 

NEW QUESTION 51
A technology and design company has created a new type of keyboard with different letter placement to make typing easier and more efficient. This new design is also cheaper to manufacture, and the company is able to price the keyboard lower than its competitors. However, sales have been extremely low. What is the MOST likely explanation?

A. Consumers' demand for keyboards is relatively inelastic.B. Consumers have strong loyalty to existing keyboard manufacturers.C. Consumers find it difficult to switch keyboards once they have learned to type.D. Consumers do not understand the company's differentiation strategy.

Answer: C

 

NEW QUESTION 52
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