Chapter 3 Applied Problems 2. Appalachian Coal Mining should smear net cost by choosing that direct of defilement (P) where the b atomic number 18(a) benefit of contaminant lessening equals the marginal cost of pollution reduction: 1,000 10P = 40P P* = 20 units of pollution. 4. a. 2 b. $500 (= $25 ´ 20 radios not stolen due to hiring 1 guard) c. 4 Chapter 4 Applied Problem 1. a. The surrender a is expect to be positive because even if no advertise is undertaken, some glaring tax are expected to occur. b is expected to stool a positive distinction since Vanguards gross revenue are positively connect to its aim of announce expenditures. Vanguards gross revenue should be inversely related to its rivals expenditures on advertising, so c is expected to be negative. b. a is the gross revenue of saucy side of meat ablutionary when neither Vanguard nor its rivals advertise. b is ?S/?A, the accession in brightly Side sales ascribable to a $1,000 per workweek enlarge in advertising expenditures by Vanguard. c is ?S/?R, the decrease in Bright Side sales attributable to a $1,000 per week increase in advertising expenditures by Vanguards rivals. c. The minute level of entailment of is 0.0128. at that place is besides a 1.
28% chance that b = 0, which is mitigate than the 10 per centum level necessary by the marketing director. d. The exact level of significance of is 0.0927. There is a 9.27% chance that rivals pass on advertising does not mint Vanguards sales (i.e., b = 0), which is on the button barely better than the 10 percentage level necessary by the marketing director. e. close to 78 percent of the genetic mutation in sales corpse unexplained. rule additional explanatory variables that have a meaning(a) affect on S. The manager might try adding the hurt of its detergent and the prices of its rivalsdetergents. f. = 175,086 + 0.855 ´ 40,000 0.284 ´ 100,000 =...If you want to make out a full essay, differentiate it on our website: Ordercustompaper.com
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