producers often make minor changes in products and advertise them as new and improved. Why do they take this action?

Under Multicollinearity A. the OLS estimator cannot be computed. B. two or more of the regressors are highly but not perfectly correlated. C. the OLS estimator is biased. D. there is a perfect linear relationship among two or more covariates.

Many firms hire celebrities to appear in their advertisements. Which step of the communication process is represented?

The standard cost card for one unit of a finished product shows the following: Standard Quantity or Hours Standard Price or Rate Direct materials 12 feet $? per foot Direct labor 1.5 hours $ 12 per hour Variable manufacturing overhead 1.

Callie crystal owns and operates one of the most successful local coffee shops in denver, called the edgewater café. each time a customer purchases their 100th cup of coffee at the edgewater café they receive a free pound of coffee of their choice.

company has reported gross margin in prior periods of 15.5%. 15.4%, 15.7% and 15.6% it recently launched a successful more profitable new products that is 20%of sales. what is the most likely gross margin for the coming quarter?

A company has beginning inventory of 44 units at a cost of $12.00 each on October 1. On October 5, it purchases 28 units at $13.00 per unit. On October 12 it purchases 38 units at $14.00 per unit. On October 15, it sells 84 units.

Unitech has the following inventory information. July 1 Beginning Inventory 20 units at $19 $ 380 7 Purchases 70 units at $20 1,400 22 Purchases 10 units at $22 220 $2,000 A physical count of merchandise inventory on July 31 reveals that there are

What data is most likely to determine the length of time a corpse has been dead?

Firm a is a new producer in the market for good x, which is characterized by linear demand and supply curves. initially, to attract customers, the firm prices its product low at $8 per unit.

When rent control pushes the price of apartments below the market equilibrium, then everyone who would like a rent-controlled apartment will be able to find one. a shortage of the apartments will develop. a surplus of apartments will emerge.